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Key Details
Sold Price $1,348,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PF22002353
Sold Date 02/24/22
HOA Y/N No
Year Built 1963
Lot Size 6,229 Sqft
Property Description
Bread and butter quadraplex in Winnetka. Great unit mix, (1) 3+2 $1,875; (1) 2+2 $1,900; (2) 1+1 $1,500 and $1,200, total gross rent is $6,475. Rents are well below market. Two units are updated, seller is offering $30k credit towards updating the other two units. Copper plumbing replaced in the whole building. 5 garage spaces. A coin operated laundry facility is on site. Tenants pay for all utilities except water. The property is located just over 2 miles from The Village on Topanga, and only 1.5 miles from Pierce College. At this price point, this is a great additional to any portfolio or an ideal option for first time investors.
Location
State CA
County Los Angeles
Area Win - Winnetka
Zoning LAR3
Interior
Heating Forced Air, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Garage
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Tile
Parking Type Garage
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Level, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2114002003
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Raffi Soualian • JohnHart Real Estate
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