5838 Allston Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90022
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,032 sqft
Price per Sqft $305
MLS Listing ID WS24164213
Style All Other Attached
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1955
Lot Size 5,653 Sqft
Acres 0.1298
Property Description
We are pleased to present a Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area of East Los Angeles. Nestled near the renowned Citadel Outlets Shopping Center and just a few blocks away from the city of Montebello, this is a Great Investment and 1031 Exchange Opportunity that you don't want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage. Spanning over 5,500sf Corner Lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. Each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. Given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% Upside in Rental Income. With its combination of Desirable Layout, Prime Location, and Value-Add potential, this asset is poised to deliver exceptional returns to its new owner. This won't last! One of the Unit will be VACANT!!
We are pleased to present a Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area of East Los Angeles. Nestled near the renowned Citadel Outlets Shopping Center and just a few blocks away from the city of Montebello, this is a Great Investment and 1031 Exchange Opportunity that you don't want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage. Spanning over 5,500sf Corner Lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. Each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. Given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% Upside in Rental Income. With its combination of Desirable Layout, Prime Location, and Value-Add potential, this asset is poised to deliver exceptional returns to its new owner. This won't last! One of the Unit will be VACANT!!
Location
State CA
County Los Angeles
Area Los Angeles (90022)
Zoning LCR3YY
Interior
Cooling Central Forced Air
Laundry Other/Remarks
Exterior
Garage Spaces 4.0
View Neighborhood
Total Parking Spaces 4
Building
Lot Description Corner Lot,Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $170
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard