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Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23090998
Sold Date 07/25/23
Construction Status Turnkey
HOA Y/N No
Year Built 1963
Lot Size 6,503 Sqft
Property Description
CALLING ALL INVESTORS, RECENTLY UPGRADED TRIPLEX WITH POSITIVE CASH FLOW. This lovely triplex has been owned and operated by the same family since 1982. Investment ready turnkey property offers low maintenance and full occupancy with cooperative and reliable tenants. Located on a quiet residential cul-de-sac this three unit gem is ready for its new ownership. The front unit is a freestanding single family Craftsman, built in 1925 with tons of modern upgrades. Featuring 2 bedrooms and one full bath, enclosed porch and sun room. This historic home has new paint inside and out, whole house water filtration system, new flooring, newer roof, new plumbing, new wifi A/C window units and brand new water heater. The second building is a good sized duplex built in 1963. It is comprised of two 2 bedroom and 1.5 bath units. Boasting fresh paint inside and out, tile flooring downstairs and newer laminate flooring in both units upstairs. Both units have new low flow toilets, new wifi A/C units and new lighting. All three units are individually metered and each feature individual laundry hook ups, plus private patio areas. To the rear of the property is a 3 car garage with new garage doors offering each unit its own single car garage. This large rear garage may have the ability to be expanded by adding an ADU. In addition to the garages there is more on site parking. Finally the exterior of the property has been recently equipped with new outdoor solar lighting and new fire extinguishers. Centrally located to the 105, 710 and 91 freeways, plus blocks just from Plaza Mexico, restaurants, shops and more. This income producing gem with not last long, so submit your best offer today!
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3YY
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance 6 Burner Stove, Gas Range, Water Heater
Laundry Inside, Outside
Exterior
Garage Assigned, Concrete, Driveway, Garage, Off Street
Garage Spaces 3.0
Garage Description 3.0
Fence Wood, Wire
Pool None
Community Features Curbs, Park
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition,Rolled/Hot Mop,Shingle
Accessibility None
Total Parking Spaces 9
Private Pool No
Building
Lot Description Cul-De-Sac, Front Yard
Faces South
Story 2
Entry Level Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 6169008014
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Astrid Chaidez • Century 21 Realty Masters