$5,250,000
$5,500,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
0.94 Acres Lot
SOLD DATE : 07/27/2022
Key Details
Sold Price $5,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22052119
Sold Date 07/27/22
HOA Y/N No
Year Built 1963
Lot Size 0.938 Acres
Property Description
Nice 16 unit all single story complex that has been in the same family for over 40 years. Great location between the 710, 110, 5 and 105 freeways. Close to shopping and other amenities. There are 14 - 2 bed, 1 bath units and 2 - 3 bed, 1 bath units. Tenants pay their own gas & electricity. Current Rents below market value with great upside potential. Each unit has their own 1-car garage with the 3 bed units have 2-car garages, there are 4 extra garages that rent for $100 per month each. Very low maintenance property.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning CUR3*
Interior
Interior Features Unfurnished, All Bedrooms Down
Heating Natural Gas, Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry In Kitchen
Exterior
Garage Concrete, Driveway Level, Door-Single, Garage, Garage Faces Side
Garage Spaces 22.0
Garage Description 22.0
Fence Chain Link
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility None
Total Parking Spaces 44
Private Pool No
Building
Lot Description Corner Lot, Lot Over 40000 Sqft, Landscaped, Level, Paved, Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer, Sewer Tap Paid
Water Private
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6224013012
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash,Cash to Loan
Special Listing Condition Trust
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Bought with Juan Cardenas • Remax Commercial and Investment Realty
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”