$947,500
$950,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/28/2018
Key Details
Sold Price $947,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Heights (Ah)
MLS Listing ID PW18142121
Sold Date 08/28/18
HOA Y/N No
Year Built 1924
Property Description
Two great houses in Alamitos Heights on a large lot (zoned R2). 917 Belmont is a quaint 2 bedroom, 1 bath house (approx. 750 s.f) with a detached one car garage and an enourmous front yard. 921 Belmont consists of a main house (approx. 850 s.f) with 2 bedrooms and 2 full bathrooms and a back studio, with a kitchenette and a full bath (approx. 350 s.f) PLUS a 2-car garage. 921 Belmont really functions as a 3 bed / 3 bath property. The houses, located on one of the quietest streets as there is no direct access off of 7th Street, sit side by side, and do not share any common walls. Recent upgrades include: 917 Belmont - front landscaping and irrigation system. 921 Belmont - front and back landscaping and irrigation, one new bathroom, refurbished hardwood floors, vinyl windows and a newer kitchen. Both houses have solar panels that are 100% owned (no lease) and result in a near zero electric bill for the tenants. Both houses have A/C. The tenant in 917 is MTM. The tenant in 921 is under a 1 year lease that expires on 1-31-2019. The nearby greenbelt (former Red Line right-of-way) provides a nice place to relax, play catch, or walk the dogs. Existing cap rate on actual rents of 3.7% and 4.3% based upon market rents.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR3S
Rooms
Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Garage, In Kitchen
Interior
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup,In Garage,In Kitchen
Heating Central
Cooling Central Air, Gas
Flooring Concrete, Wood
Fireplaces Type Living Room, Wood Burning
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Garage, In Kitchen
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence Average Condition
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Water Public
Architectural Style Bungalow, English
New Construction No
Others
Senior Community No
Tax ID 7254018026
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with ZHI REN • HILL TOP REAL ESTATE
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