UPDATED:
11/14/2024 11:35 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24176914
HOA Y/N No
Year Built 1953
Lot Size 5,998 Sqft
Property Description
Key features include gated entry and parking options for tenants, all situated on a spacious 5,999-square-foot lot. The units were built in 1927 and 1953, adding a touch of historical charm. The property is not subject to LA rent control, so it only falls under statewide AB 1482 rent control—giving you more flexibility. Tenants are responsible for paying for their own gas and electricity, making this a low-maintenance option for investors. With its single-story layout and prime location in a rapidly developing neighborhood, this property is ideal for investors looking to either start or expand their rental portfolio. Please note that while the property has been operating as three units, it may be permitted as a two-unit property. Each unit has its own mailing address.
Don’t miss out on this exciting opportunity to invest in East LA!
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR2*
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Refrigerator
Laundry Outside
Exterior
Garage Shared Driveway
Fence Block
Pool None
Community Features Sidewalks
Utilities Available Other
View Y/N No
View None
Roof Type Shingle,Spanish Tile
Accessibility None
Parking Type Shared Driveway
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Faces South
Story 1
Sewer Private Sewer
Water Public
Architectural Style Spanish
New Construction No
Others
Senior Community No
Tax ID 5226042029
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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