$975,000
$975,000
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7,418 Sqft Lot
SOLD DATE : 01/13/2022
Key Details
Sold Price $975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS21228150
Sold Date 01/13/22
HOA Y/N No
Year Built 1950
Lot Size 7,418 Sqft
Property Description
WOW VACANT UNITS!!! Don't pass up this gorgeous income property. Each unit is fully remodeled, VACANT and all 3 units will be delivered VACANT. There are so many benefits to this property. Not only can you set the rents with new tenants, but there is potential to add an additional unit should the new owner decide to do that.
The exterior of the units have all new paint, and the landscaping has been enhanced. On the interior, each unit has ben fully upgraded with all new floors, all new kitchen cabinets, recessed lighting throughout, new paint all new furnaces, and so much more! When you see it, you will notice the attention to detail and quality of upgrades that went into each unit.
of course the rents make sense for an investor wanting a minimum 5% cap rate on their investment but it also makes for the perfect owner occupied family set up. The owner can live in the 3 Bedroom while collecting premium rents on the two 1 bedroom units. Be sure to watch the video and walk through the entire property virtually using the 3D virtual Tour we have provided.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR4YY
Interior
Fireplace No
Laundry Washer Hookup, Inside, Laundry Room
Exterior
Parking Features Garage Faces Front, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Garden, Near Public Transit
Story 2
Entry Level Two,Multi/Split
Sewer Public Sewer
Water Public
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5236004023
Energy Description 100.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Amber Medina • Century 21 Cornerstone