$2,050,000
$2,050,000
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6,294 Sqft Lot
SOLD DATE : 05/26/2022
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22146885
Sold Date 05/26/22
HOA Y/N No
Year Built 1963
Lot Size 6,294 Sqft
Property Description
4822 Mascot Street is a partially remodeled 5-unit apartment building situated in the heart of the burgeoning Mid City neighborhood of Los Angeles. The property consists of two 3+2's, two 3+2.5's and one 2+1. Four of the five units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms (one unit has central A/C). Additionally, the property has newer landscaping, exterior paint, tank-less water heaters, and newer roofing. The plumbing and electrical have been upgraded as well. There are ten parking spaces and an on-site laundry room with two sets of machines for added income. Superbly located in the heart of the Mid City and near the West Adams commercial corridor, 4822 Mascot Street provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 85 walk score and is central to major employment, freeways, and points of interest alike. Additionally, the property lies a mere 10-minute drive from trendy Culver City, Downtown Los Angeles, and the University of Southern California. Tenants who prefer public transit can easily access the La Brea and Exposition metro station that stretches from Downtown Santa Monica to Downtown Los Angeles with upcoming service to both Inglewood and LAX. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside both in rent and neighborhood appreciation.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Interior Features Ceiling Fan(s)
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Microwave, Refrigerator
Laundry Common Area, Laundry Room
Exterior
Parking Features Carport
Total Parking Spaces 10
Building
Story 2
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 5067012025
Special Listing Condition Standard
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Bought with Kimiyasu Murayoshi • Andrew C. Lee
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "