$1,278,000
$1,298,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
6,242 Sqft Lot
SOLD DATE : 05/06/2022
Key Details
Sold Price $1,278,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22121331
Sold Date 05/06/22
HOA Y/N No
Year Built 1925
Lot Size 6,242 Sqft
Property Description
Incredible four-unit, Spanish apartment building in great Mid-City location, with rich stylistic details including partial red-tiled roof and prominent rounded arches over each unit entryway - perfect for an owner-user or investor seeking an architectural, value-add building! Each large 2 bedroom, 1 bathroom unit also features a standalone dining room and a separate room for washer and dryer - a tenant's dream. Each unit boasts ample closet space and rear doors leading a separate parking structure offering each unit one individual garage. The parking structure has potential for ADU conversion. Two units have been recently remodeled. All units are occupied and all tenants are current on their rent. Rents total $6,125 gross monthly income with each unit paying $1975, $1975, $1190, and $985 (Section 8). The property is centrally located to DTLA, Santa Monica and walkable to many restaurants and shops nearby.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Garage
Total Parking Spaces 4
Building
New Construction No
Others
Senior Community No
Tax ID 5067013008
Special Listing Condition Standard
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Bought with Lorena Anne Guzman-Wilson • Redfin
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "