$620,000
$685,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
4,306 SqFt
SOLD DATE : 03/24/2014
Key Details
Sold Price $620,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,306 sqft
Price per Sqft $143
MLS Listing ID SR13237630
Sold Date 03/24/14
HOA Y/N No
Year Built 1930
Tax Year 2012
Lot Size 0.265 Acres
Acres 0.265
Property Description
New on the market after over 50 years. Located in Lincoln Heights, just minutes from Downtown and Dodger Stadium. You can see the Stadium from the "owners" unit bedroom during fireworks. Owners unit has a 3+2 built in 1968 and is attached to 5 of the garages. This unit has been kept vacant for a potential owner user, but are estimating the rent at $1,800 per month. All of the other units are 2+1's, with one built in 1968 and the other 3 bulit in the 1930's. These are all stand alone buildings with a large grass area with fruit trees in the center of the property. Great potentail as 3 of the units have very low rents but with the potential of at least doubling them over time. This area is going through a transition with a lot of money improving the area.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Fireplace No
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Urban
Utilities Available SewerAvailable
Total Parking Spaces 8
Private Pool No
Building
Lot Description Item01UnitAcre
Story MultiSplit
Entry Level MultiSplit
Water Public
Level or Stories MultiSplit
Others
Tax ID 5208010009
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing SellerFinancing
Special Listing Condition Standard
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Bought with Dana Coronado • Keller Williams Studio City
"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