$3,000,000
$3,050,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
0.93 Acres Lot
SOLD DATE : 06/08/2022
Key Details
Sold Price $3,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22063479
Sold Date 06/08/22
Bedrooms 2
HOA Y/N No
Lot Size 0.930 Acres
Property Description
This complex, all 2 bedroom One story units has been in the same family over 45 years. Great location between the 710, 110, 5 and 105 freeways. Low to no tenant turnover for years. There are 9 - 2 bed, 1 bath units and additional land that was previously approved to build 3 more units. Tenants pay their own gas & electric utilities. Rents below market value with great upside potential. Each unit has its own garage or two with a parking space in front of each garage. Pretty low maintenance property.
This complex, all 2 bedroom One story units has been in the same family over 45 years. Great location between the 710, 110, 5 and 105 freeways. Low to no tenant turnover for years. There are 9 - 2 bed, 1 bath units and additional land that was previously approved to build 3 more units. Tenants pay their own gas & electric utilities. Rents below market value with great upside potential. Each unit has its own garage or two with a parking space in front of each garage. Pretty low maintenance property.
Location
State CA
County Los Angeles
Area Bell (90201)
Zoning Assessor
Interior
Heating Natural Gas
Appliance Forced Air Unit
Exterior
Roof Type Composition
Building
Lot Description Cul-De-Sac, Curbs, Sidewalks
Sewer Sewer Connected
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,570
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with Yehia Zakaria • Century 21 Jervis & Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "