Los Angeles, CA 90031,3619 Carlota Boulevard
Los Angeles, CA 90031,3619 Carlota Boulevard
Los Angeles, CA 90031,3619 Carlota Boulevard
$790,000
Est. payment /mo
$800,000
1.3%
Est.Price: ?

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8 Beds
4 Baths
4,418 Sqft Lot
SOLD DATE : 08/07/2024

Key Details

Sold Price $790,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR24110139

Sold Date 08/07/24

Bedrooms 8

HOA Y/N No

Lot Size 4,418 Sqft

Property Description

Exceptional opportunity to acquire a true VALUE-ADD investment property with a +/-58% upside potential. This cozy property consists of two duplexes situated on a uniquely shaped lot with minimal maintenance. Each unit features a 2bed/1bath, four tandem parking spaces, and garden space. This property is located in a highly desirable Northeast Los Angeles historic corridor of Cypress Park with easy access to the 110 freeway, Heritage Square Gold Line Metro station, shopping, local eateries, schools, and recreation. A savvy investor with a value add strategy will be able to take advantage of the steadily rising rental rates in the area with future renovation. This 4-unit property has the ability to lock in 30-year fixed debt, and up to a 75% LTV. Could be great for a first-time buyer or owner occupant! Seller may consider carrying!
Exceptional opportunity to acquire a true VALUE-ADD investment property with a +/-58% upside potential. This cozy property consists of two duplexes situated on a uniquely shaped lot with minimal maintenance. Each unit features a 2bed/1bath, four tandem parking spaces, and garden space. This property is located in a highly desirable Northeast Los Angeles historic corridor of Cypress Park with easy access to the 110 freeway, Heritage Square Gold Line Metro station, shopping, local eateries, schools, and recreation. A savvy investor with a value add strategy will be able to take advantage of the steadily rising rental rates in the area with future renovation. This 4-unit property has the ability to lock in 30-year fixed debt, and up to a 75% LTV. Could be great for a first-time buyer or owner occupant! Seller may consider carrying!

Location

State CA

County Los Angeles

Area Los Angeles (90031)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $35

Acceptable Financing Cash, Seller May Carry

Space Rent $899

Listing Terms Cash, Seller May Carry

Financing VA

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San Diego Regional MLS (SDMLS)
Listed by Justin McCardle • Growth Investment Group Pasade
Bought with Whenrica McAfee • Excellence RE Real Estate
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