$1,535,000
$1,575,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
3,265 SqFt
SOLD DATE : 07/19/2023
Key Details
Sold Price $1,535,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,265 sqft
Price per Sqft $470
Subdivision Belmont Heights (Bh)
MLS Listing ID PW23062727
Sold Date 07/19/23
HOA Y/N No
Year Built 1930
Lot Size 4,255 Sqft
Acres 0.0977
Property Description
WELCOME TO YOUR DREAM INVESTMENT PROPERTY - This stunning Classic Spanish-style building offers spacious units, a private lot, and an incredible CASH FLOW. With dream tenants in place, this property is a smart investment for any real estate portfolio. Each unit has been thoughtfully renovated in 2010, ensuring modern amenities while maintaining its 1930's charm. The units are spacious and offer plenty of light, making them desirable to the tenants. The property also features on-site laundry and another highlight is the 800 square foot garage/basement, offering endless possibilities, including more potential rental space. This is an exceptional investment that promises an excellent cash flow and a solid return on investment.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBCCA
Rooms
Ensuite Laundry Common Area
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level
Laundry Location Common Area
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator, Water Heater
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence Wrought Iron
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Flat,Spanish Tile
Accessibility None
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7241003016
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Mary Ryan • Pacific Sotheby's Int'l Realty
"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