$750,000
$750,000
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9,583 Sqft Lot
SOLD DATE : 06/28/2019
Key Details
Sold Price $750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW19120781
Sold Date 06/28/19
Construction Status Repairs Major
HOA Y/N No
Year Built 1952
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Back on the market. This diamond in the rough is a unique opportunity for the right investor. This tri-plex has excellent curb appeal and is located in one of the most desireable school districts in the county. These apartments are centrally located to all amenities and are walking distance to restaurants, shopping, parks, and public transportation. Tenants have been responsible for all interior maintenance in exchange for limited rent increases so there is substantial deferred maintenance. Long term tenants wish to remain and are not aware the property is being marketed. Consequently, drive-by inspections only and write full-priced (or higher) offers subject to interior inspection. This transaction will require a minimum of 90-120 days to consumate and, NO, there is no way to expedite the process as the Probate Court of Los Angeles County has jurisdiction and will dictate all procedures and timelines. Court confirmation hearing is scheduled for May 28 where overbidding will commence at $787,500.
Location
State CA
County Los Angeles
Area Rc - Artesia
Zoning ATCG-A10000*
Rooms
Ensuite Laundry In Garage
Interior
Laundry Location In Garage
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Gutter(s), Park, Street Lights, Suburban, Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Asphalt,Shingle
Total Parking Spaces 3
Private Pool No
Building
Lot Description 11-15 Units/Acre, Front Yard, Lawn, Level, Paved, Rectangular Lot, Street Level
Sewer Public Sewer
Water Public
New Construction No
Construction Status Repairs Major
Others
Senior Community No
Tax ID 7035018034
Acceptable Financing Cash, Conventional, Court Approval
Listing Terms Cash, Conventional, Court Approval
Financing Cash
Special Listing Condition Probate Listing
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Bought with Vincent Puterbaugh • Century 21 McDaniel & Assoc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner