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Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Heights (Ah)
MLS Listing ID PW22222674
Sold Date 11/28/22
HOA Y/N No
Year Built 1924
Lot Size 7,923 Sqft
Property Description
Classic Spanish style four-plex with bonus unit in the back. Great set up with four very large one bedroom units. Two upstairs and two downstairs. Tax records show as a four unit property. The bonus unit is approximately 550 sqft single and not believed to be included in tax record sqft. Buyer to verify for themselves. There is a wonderful, spacious yard between the main building and back building. Bonus unit is all electric and is connected to building in back with 4 private garages and ally access. Owner has letter of acknowledgement from the city for the bonus unit. Solid trendy location away from traffic yet still close to the beach and walking distance to Bixby Park and lots of entertainment activities throughout the year. Rents are pretty close to market with a little room to improve. Analysis is using pro forma.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR1N
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban
Utilities Available Water Connected
Amenities Available Water
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7263006020
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Mike Dunfee • Dunfee Real Estate Services