$4,800,000
$5,280,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
0.53 Acres Lot
SOLD DATE : 10/17/2024
Key Details
Sold Price $4,800,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS24124907
Sold Date 10/17/24
HOA Y/N No
Year Built 1963
Lot Size 0.534 Acres
Property Description
Excellent Investment with Great Income and Cash Flow!! Plumbing and Electrical systems upgraded in 2009. Roofing replaced in 2019. Concrete Driveway and Parking Area replaced in 2020. All Units underwent rehabilitation in 2009. Each unit comes with individual Water-Heater, Electric Meter, Gas Meter and Split AC Units. Units are condo style with Living room, kitchen, 1/2 Bath and A Den on 1st Floor, Bedrooms and Full bath is on the 2nd Floor. All units have all tiles on the 1st floor and Laminated flooring on the 2nd floor. The property also has a community laundry facility with coin operated machines that produce income (NOT include in the Gross Income). In addition, It is a permitted office room for the On-site Manager. Tenants pay their own gas and electric. Good location close to Town Square Center, transportation and school. In close Vicinity of 5, 605, 91 Freeways. 23 Parking and room for additional spaces.
Location
State CA
County Los Angeles
Area M1 - Norwalk
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 12
Pool None
Community Features Street Lights
Total Parking Spaces 11
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8074021061
Energy Description 449.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Avinash Narang • BRC Advisors BH
"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