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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW22113253
Sold Date 07/15/22
Bedrooms 4
HOA Y/N No
Lot Size 5,579 Sqft
Property Description
Dont miss this investment opportunity! This multifamily property is located in the city of East Los Angeles borderline Commerce and offers 4 nice sized units (almost 800 sq ft each). All 4 units are tenant occupied and consist of 1 bed, 1 bath, living room, dining area, and washer/dryer hookups. Furthermore, the property has alley access with 1 garage for each unit. Rents are below market value and have a generous amount of upside potential. Conveniently located near DTLA, Citadel Outlets, and the 5, 60 & 710 freeways. The property needs repairs and is being sold in AS-IS condition with all tenants remaining in possession. Drive by only, please do not disturb tenants.
Dont miss this investment opportunity! This multifamily property is located in the city of East Los Angeles borderline Commerce and offers 4 nice sized units (almost 800 sq ft each). All 4 units are tenant occupied and consist of 1 bed, 1 bath, living room, dining area, and washer/dryer hookups. Furthermore, the property has alley access with 1 garage for each unit. Rents are below market value and have a generous amount of upside potential. Conveniently located near DTLA, Citadel Outlets, and the 5, 60 & 710 freeways. The property needs repairs and is being sold in AS-IS condition with all tenants remaining in possession. Drive by only, please do not disturb tenants.
Location
State CA
County Los Angeles
Area Los Angeles (90022)
Zoning Assessor
Building
Lot Description Corner Lot, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $690
Listing Terms Cash, Conventional
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Bought with Edgar Cortez • M C Funding Inc.
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