$1,660,000
$1,725,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
6,168 Sqft Lot
SOLD DATE : 04/27/2022
Key Details
Sold Price $1,660,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22130995
Sold Date 04/27/22
HOA Y/N No
Year Built 1962
Lot Size 6,168 Sqft
Property Description
The subject property is a two story wood frame and stucco five unit apartment building built in 1962. The property is located in the Mid City sub market of Los Angeles just south of Pico Blvd and seven blocks east of La Brea Ave. The unit mix consist of two three- bedroom two- bathroom units, one two-bedroom one and-one-half bathroom with den, and two two- bedroom one- bathroom units. The property has significant upside upon turnover of the units which are approximately36% below market rent. There may be a potential to add ADU or Unit Conversions - Buyer to Verify.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplace No
Appliance Washer
Exterior
Parking Features Carport
Total Parking Spaces 5
Building
New Construction No
Others
Senior Community No
Tax ID 5070012019
Special Listing Condition Standard
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Bought with Benjamin Lewin • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "