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Key Details
Sold Price $1,695,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21699320
Sold Date 09/07/21
HOA Y/N No
Year Built 1930
Lot Size 0.290 Acres
Property Description
Walter Street Villas are a perfect value add investment located in the emerging area of Walnut Park, an unincorporated pocket adjacent to Huntington Park. The property is comprised of a total of 9 units, mostly (one bedroom) single story 'casitas' and one two bedroom unit over garages in the rear. The property has undergone some modern upgrades such as kitchen and bathroom remodels, newer windows, plumbing and electrical updates. However, this property offers a blank canvas for a new buyer to implement a creative management strategy in this emerging market. Longer term tenants all current in their rent. All units are separately metered for gas and electricity.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning LCC3*
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Garage
Parking Type Garage
Building
Story 1
Others
Senior Community No
Tax ID 6025035017
Special Listing Condition Standard
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Bought with Robbie Schultz • Pacific Realty of California