$630,000
$649,900
3.1%For more information regarding the value of a property, please contact us for a free consultation.
1,739 SqFt
SOLD DATE : 12/09/2021
Key Details
Sold Price $630,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,739 sqft
Price per Sqft $362
MLS Listing ID DW21193928
Sold Date 12/09/21
HOA Y/N No
Year Built 1946
Lot Size 6,494 Sqft
Acres 0.1491
Property Description
Amazing opportunity to own this traditional duplex with tenants that pay rent on time and are current!! This is one of the fastest growing areas of the county and values have been increasing rapidly!! This is a great opportunity to add value to investors portfolio. With below market rents there is real opportunity for growth. PRO FORMA Cap Rate is 6.14% and GRM is 12.04!! It is too good of an opportunity to pass up. This is a great investment to watch your money grow!!
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR4YY
Rooms
Ensuite Laundry InKitchen
Interior
Laundry Location InKitchen
Fireplace No
Laundry InKitchen
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description BackYard
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5245021048
Acceptable Financing CashtoNewLoan, Conventional
Listing Terms CashtoNewLoan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Herbert Diaz • PLF Real Estate Solutions