$5,250,000
$5,400,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
0.92 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 PW22051945
Sold Date 07/27/22
HOA Y/N No
Year Built 1962
Lot Size 0.923 Acres
Property Description
This 16 unit, all 2 & 3 bedrooms complex 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 14 - 2 bed, 1 bath units, & 2 - 3 bed, 1 bath units. Tenants pay their own gas & electric utilities. Rents below market value with great upside potential. Each unit has its own garage with a parking space in front of each garage. Pretty 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
Heating Natural Gas, Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry In Kitchen
Exterior
Garage Attached Carport
Garage Spaces 16.0
Garage Description 16.0
Fence Average Condition, Chain Link
Pool None
Community Features Curbs, Gutter(s), 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
Total Parking Spaces 32
Private Pool No
Building
Lot Description Lot Over 40000 Sqft, Level, Rectangular Lot, Street Level
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 6226019023
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to New 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! "