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Key Details
Sold Price $810,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,048 sqft
Price per Sqft $772
MLS Listing ID 21767634
Sold Date 03/15/22
Construction Status UpdatedRemodeled
HOA Y/N No
Year Built 1924
Lot Size 3,959 Sqft
Acres 0.0909
Property Description
Great investment income property with a good CAP rate. There are 3 units, 2 beds/2 baths, 1 bed/1 bath and 1 bed+ Office/1.5 baths. Excellent location. Located minutes form 10 fwy, several blocks from Starbucks, about one mile from USC and a few minutes from the redeveloped Coliseum and new $1 billion George Lucas museum. This property is walking distance to the Metro station bound for Santa Monica or LA Downtown. The new Crenshaw transit line that goes to the LA airport will be close by. Completed remodeling 2 years ago with new floors, new kitchens, new plumbing, new electrical, new appliances, new paint and new washer & dryer at separate laundry room. On the title, it is 1,048 sf, but in reality it is about 1,774 sf. 3rd unit (1 bed+ Office /1.5baths) is owner occupied and will be vacant on closing of Escrow. Tenants are paying their rent well, even during the pandemic.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR2
Interior
Interior Features CeilingFans
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Disposal, GasOven, GasRange, RangeHood, Dryer
Exterior
Garage Concrete
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Shingle
Parking Type Concrete
Total Parking Spaces 2
Private Pool No
Building
Faces North
Story 1
Architectural Style Bungalow
New Construction No
Construction Status UpdatedRemodeled
Others
Senior Community No
Tax ID 5041035017
Security Features CarbonMonoxideDetectors,FireDetectionSystem,GatedCommunity,SmokeDetectors
Special Listing Condition Standard
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Bought with Tyler Keckeisen • Realty ONE Group United