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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,306 sqft
Price per Sqft $317
MLS Listing ID CV21044318
Sold Date 06/22/21
HOA Y/N No
Year Built 1925
Lot Size 10,890 Sqft
Acres 0.25
Property Description
IMPROVED PRICE! Back on the market - Buyers did not perform! An excellent multi-family property in desirable & thriving Lincoln Heights neighborhood, featuring 2 charming buildings, each building with 2 units, all with separate gas and electric meters. The units also offer on-site parking as well. The property is situated on an attractive 10,800 square foot lot - with an opportunity to build more units! In 2018 - 2 of the units were completely remodeled (New Kitchen + New Bath etc./#2809 & #2809 1/2). It is also centrally located, including public transportation just blocks away and a short commute to Downtown LA, USC Medical Ctr., Dodger Stadium,& easily accessible to major freeways & neighboring Cities such as Pasadena, Glendale, & Burbank. The property offers an excellent income and still has plenty of upside potential on rents. Please Do Not Disturb Occupants!
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LARD2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage None
Pool None
Community Features Curbs
View Y/N Yes
View City Lights
Parking Type None
Private Pool No
Building
Lot Description Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5206004007
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with David Leekley • Adaptive Realty, Inc.
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960