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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24048891
Sold Date 10/17/24
Bedrooms 6
HOA Y/N No
Lot Size 6,600 Sqft
Property Description
Excellent opportunity to own a triplex in the hip and growing area of El Sereno. Unit #2 will be delivered VACANT, so you can live in one and continue to collect rent from the other two. Tremendous upside in the rents! All three units are all two bedroom and one bath units with longstanding tenants. Property is subject to Los Angeles rent control and sale to include two tenants. All units are on one level, however, parking spots are below. Property boasts six parking spots - three tandem parking spots. Buyer can also build an ADU, but must check with the city and get COO to build. Roof was redone less than one year ago.
Excellent opportunity to own a triplex in the hip and growing area of El Sereno. Unit #2 will be delivered VACANT, so you can live in one and continue to collect rent from the other two. Tremendous upside in the rents! All three units are all two bedroom and one bath units with longstanding tenants. Property is subject to Los Angeles rent control and sale to include two tenants. All units are on one level, however, parking spots are below. Property boasts six parking spots - three tandem parking spots. Buyer can also build an ADU, but must check with the city and get COO to build. Roof was redone less than one year ago.
Location
State CA
County Los Angeles
Area Los Angeles (90032)
Zoning Estimated
Interior
Cooling Wall/Window
Exterior
Exterior Feature Stucco
Garage Unit1:Assigned
Roof Type Composition
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Exchange
Listing Terms Exchange
Read Less Info
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Bought with Alvin Yang • Moon Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "