$1,600,000
$1,695,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
5,156 SqFt
SOLD DATE : 09/09/2021
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,156 sqft
Price per Sqft $310
MLS Listing ID PW21100687
Sold Date 09/09/21
HOA Y/N No
Year Built 1923
Lot Size 0.360 Acres
Acres 0.36
Property Description
We are pleased to present an outstanding opportunity to acquire a 7 unit property in a highly demanded location. 2984-2988 Randolph Street is a Seven-Unit Multi-Family property located in the City of Huntington Park. This asset consists of TWO 2 BEDROOM 1 BATH UNITS, FOUR 1 BEDROOM 1 BATH UNITS, and ONE 3 BEDROOM 1 BATH UNIT. The property is not subject to Los Angeles city rent control. The complex is situated in a family-oriented, values-focused neighborhood community. The asset is comprised of five one story buildings on TWO LOTS consisting of THREE SEPARATE HOUSES and TWO DUPLEXES. This property is well situated in Huntington Park near major retail, educational, and employment opportunities. This offering provides an investor the opportunity to acquire a well-maintained apartment property. This captivating gem won’t last! Current rents of $8,689 and Pro Forma of $10,600 a month
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning HPCN*
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Inside
Interior
Interior Features All Bedrooms Down
Laundry Location Washer Hookup,Gas Dryer Hookup,Inside
Flooring Carpet, Laminate, Vinyl
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Driveway, Electric Gate, Public, Private, On Street
Pool None
Community Features Curbs, Sidewalks
Parking Type Driveway, Electric Gate, Public, Private, On Street
Private Pool No
Building
Lot Description 6-10 Units/Acre, Walkstreet, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6319006008
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with ILham Theodory • Preferred Real Estate & Inv.