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Key Details
Sold Price $715,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,472 sqft
Price per Sqft $289
MLS Listing ID SB22021732
Sold Date 03/25/22
Construction Status Fixer,Repairs Cosmetic,Repairs Major
HOA Y/N No
Year Built 1952
Annual Tax Amount $8,905
Lot Size 6,320 Sqft
Property Description
**Great Investment Opportunity** 5 apartment units. 1 bed, 1 bath each. 5 off-street parking spaces (3 garages, 2 uncovered but gated). All 5 units are permitted and have their own water, gas, and electric meter. Current 5.33% CAP. RD1.5 zoning. Corner lot. Centrally located, close to shops, hospitals, schools, LAX, SoFi Stadium, Hollywood Park Casino, The Forum, the future Clippers Intuit Dome, and the beach. Minutes away from the 110 and 105 freeways and major public transportation hubs such as the LA Metro C & J Line Stations (Green & Silver). Property is being sold as-is and with tenants in place. Needs TLC. Tenants rent on a month-to-month basis.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LARD1.5
Rooms
Ensuite Laundry None
Interior
Interior Features All Bedrooms Down, Walk-In Closet(s)
Laundry Location None
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Assigned, Converted Garage, Covered, Garage, Gated, Off Street, Garage Faces Side
Garage Spaces 3.0
Garage Description 3.0
Fence Wrought Iron
Pool None
Community Features Street Lights, Sidewalks, Urban
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View City Lights
Roof Type Shingle
Parking Type Assigned, Converted Garage, Covered, Garage, Gated, Off Street, Garage Faces Side
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre, Corner Lot
Faces North
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Fixer,Repairs Cosmetic,Repairs Major
Others
Senior Community No
Tax ID 6053025008
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Braulio Hoyos • eXp Realty of California Inc
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960