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Key Details
Sold Price $935,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC15242714
Sold Date 01/26/16
HOA Y/N No
Year Built 1956
Lot Size 3,397 Sqft
Property Description
Five unit apartment building consists of one large owner's unit with 3 bedrooms, 2 baths, family room, fireplace, forced heat, enclosed patio and indoor laundry. Other four units are 2 bedrooms, 1 bath with gas wall heaters. Each unit has its own water heater plus gas and electric meters. Owner pays for water and trash. There is a five car parking garage and plenty of street parking. Building has a community laundry room with coin operated washer and dryer which belongs to owner. Situated on a double lot with two APN#s, 4029030019 and 4029030020. This property is located within walking distance to retail shopping, banks and retail stores as well as the Hollywood Park redevelopment zone. The Hollywood Park Land Community has announced plans to build a mixed use development with retail, office, hotel, residential space and a grand stadium and performance venue on over 298 acres. Owner's unit is currently occupied by owner's family and is not included in current income. Market rent for that unit is estimated at $1900.00 to $2000.00/month. Current resident of that unit would be willing to sign a short lease at market rate.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Interior
Fireplace No
Exterior
Parking Features Assigned
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Utilities Available Sewer Available, Sewer Connected
Total Parking Spaces 10
Private Pool No
Building
Lot Description 2-5 Units/Acre, Corner Lot, Sprinklers In Front, Near Public Transit, Sprinkler System
Water Public
Others
Senior Community No
Tax ID 4029030019
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Karen Louise Starburg • SGL Realty
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960