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Key Details
Sold Price $1,620,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19483366
Sold Date 11/18/19
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1954
Lot Size 7,487 Sqft
Property Description
XCLNT UP-SIDE POTENTIAL FOR CASH FLOW & EQUITY. CURRENT RENTS ARE WAY UNDER MRKT COMPARED TO OTHER RENTALS FOR 1 & 2 BDRMS IN THE AREA. GATED WELL-MNTND 8 UNIT 2 STORY APT BLDG IN PRIME HP LOCATION. FIRST TIME ON MRKT SINCE 1984. 5 DET GAR IN BK WITH ALLEY ENTRANCE. 5 UNITS INCL 1 CAR GAR & 3 UNITS W/ST PRKG VERY CLOSE TO THE MAIN DWNTWN EXCITING SHPG CTRS, REST, RETAIL SHOPS, ETC... ALONG PACIFIC BLVD. FULLY OCCUPIED. EXTRA INC $$$ FOR LEASED LNDRY MACH. MIN TO PRVT & PUBLIC SCHOOLS, USC, MOUNT ST MARY'S, LA TRADE TECH. EZ ACCESS TO PUB TRANS; BUSES, SUBWAY TRNST, COMMUTER RAIL STATNS, REC PARKS. FAMILY ORIENTED NBRHD. PLS DO NOT DISTURB TENANTS. DRIVE BY ONLY DO NOT WALK AROUND INSIDE THE BLDG. NO TERMITE REP & COMPLETION. NO FOR SALE SIGN ON PROP. SOLD IN "AS IS" COND. APPRX 5 MILES FR DTLA.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPR3YY
Interior
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Laundry Common Area, Laundry Room
Exterior
Garage Assigned, Covered, On Street
Garage Spaces 5.0
Garage Description 5.0
Parking Type Assigned, Covered, On Street
Total Parking Spaces 5
Building
Lot Description Level
Story 2
Entry Level Two
Architectural Style Traditional
Level or Stories Two
Construction Status Repairs Cosmetic
Others
Tax ID 6320011018
Energy Description 396.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Norie Rosen • Norie Rosen Real Estate