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Key Details
Sold Price $750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW21048346
Sold Date 04/15/21
HOA Y/N No
Year Built 1948
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Perfect 3 unit multi-family investment property located in the very desirable rental market of East Los Angeles (Located one block west of Montebello). First time in the market in 16+ years the subject property unit mix consist of a nice spacious duplex in the front offering (2 bedroom /1 bath 900+ square feet of living space) for each unit. The back unit offers (1 bedroom/ 1 bath 660 sq. feet of living space) on Top of a 3 Car Garage. All rental units are separately metered for Electricity & Gas while the owner pays for Water & Trash. All tenants have stayed current on monthly rental payments throughout COVID and with limited inventory this prime location property adjacent to Montebello is perfect for the 1031 exchange buyer, an investor that may want to live on one of the units or just an investor looking to add to their portfolio. Just minutes to the 5, 60, 710 Freeways, Downtown L.A. and walking distance to retail and dining options.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR3YY
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Landscaped, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6351026019
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Vincent Cook • Alden Pacific Investments, Inc.