$695,000
$725,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 05/07/2014
Key Details
Sold Price $695,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14013830
Sold Date 05/07/14
HOA Y/N No
Year Built 1923
Tax Year 2012
Lot Size 0.263 Acres
Property Description
What an opportunity - an extremely well maintained four unit property across the street from Wilson Elementary School in a nice Lynwood neighborhood. The property was gutted and remodeled about 10 years ago, with copper plumbing and updated electrical, vinyl windows, new doors, etc., etc.! The property has one 4 bedroom, 2 bath unit, two 2 bedroom, 2 bath units, and one 2 bedroom, 1 bath unit, as well as a one car garage per unit, and two laundry rooms with washer and dryer hook-ups for each unit. The property is gated, with another 1-2 parking spots per unit in each driveway.
The 4 bed/2 bath unit has a large privately fenced yard, a nice living room and two hallways, each with 2 bedrooms and a shared bathroom. The middle building is comprised of two mirror-image 2 bedroom/2 bath units that are clean and spacious, and they share a back yard. The 2 bed/1 bath unit is on the south side of the property, with a private fenced yard. This is an exceptional property, perfect for the owner occupant or the savvy investor. Rents are good with some upside and the tenants are also good! Two of the units are Section 8 tenants.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type None
Fireplace No
Laundry In Garage, Laundry Room
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Sidewalks, Gated
Utilities Available Sewer Available, Sewer Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 10
Private Pool No
Building
Lot Description Corner Lot
Faces West
Story One
Entry Level One
Water Public
Architectural Style Bungalow
Level or Stories One
Others
Senior Community No
Tax ID 6175012025
Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Johnny Lam • Treeline Realty & Investment
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "