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Key Details
Sold Price $2,700,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW23195475
Sold Date 03/28/24
HOA Y/N No
Year Built 2023
Lot Size 7,048 Sqft
Property Description
Welcome to this incredible investment opportunity in the heart of Los Angeles, just minutes away from vibrant Downtown LA and the charming city of Pasadena. This newly constructed 4-unit property boasts two stunning 3-story duplexes, offering an abundance of space and luxury. With a prime location, generous square footage, this property is a true gem with incredible potential. Each unit comprises 4 bedrooms, many of which are master bedrooms, offering ample space for comfortable living. Modern design and high-quality finishes joined with soaring 9 feet high ceilings create an open and airy ambiance. The property is gated with remote control access leading to each unit's garage/carport. There are a total of 4 car space garages and carports that have potential to fit up to 6 cars. These units also feature in unit laundry, plenty of natural light, matte black fixtures, custom cabinets, all new appliances including refrigerator, dishwasher, stove, microwave/hood, washer and dryer. The property includes solar panels, and separate meters for all water, gas, and electricity that are paid for by the tenants. Built with a focus on durability and efficiency, these units are designed to minimize ownership costs. This property is ideal for both seasoned investors and those looking to enter the market. With strong rental income potential and a location that's in high demand, this unique property won't be on the market for long. Grab this chance to secure a fantastic investment in the heart of Los Angeles.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LARD1.5
Interior
Fireplace No
Appliance Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Stacked
Exterior
Garage Attached Carport, Assigned
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
Pool None
Community Features Suburban
Parking Type Attached Carport, Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description Drip Irrigation/Bubblers, Yard
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 5305043003
Acceptable Financing Cash, Conventional
Green/Energy Cert Solar
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Powai Wong • Coldwell Banker Realty