$895,000
$895,000
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3,909 SqFt
SOLD DATE : 09/24/2021
Key Details
Sold Price $895,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,909 sqft
Price per Sqft $228
MLS Listing ID CV21135179
Sold Date 09/24/21
HOA Y/N No
Year Built 1929
Lot Size 6,351 Sqft
Acres 0.1458
Property Description
We are pleased to offer for sale this 6 unit multi-family investment in the gentrifying community of East Los Angeles. The rental units are spread across two separate buildings for a total rentable square footage of 3,909 sqft. The unit mix consists of 4(1Bed/1Bth) & 2(Studio) apartments. The rental units are separately metered for electricity and gas, while the owner pays for water and trash. Tenants enjoy garage and open space parking as well as gated private entry. The subject property has been well maintained over the years, is now priced attractively for sale at only $149k per unit, and is poised for a new investor looking to fully capitalize on the upside of rental income in years to come.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR3YY
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 11
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6341017031
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000 REALTY