$1,085,000
$1,125,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
5,397 Sqft Lot
SOLD DATE : 01/25/2024
Key Details
Sold Price $1,085,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB23197885
Sold Date 01/25/24
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1940
Lot Size 5,397 Sqft
Property Description
Discover a hidden gem in the vibrant and eclectic neighborhood of Atwater Village, where the past seamlessly blends with the present. This incredible triplex offers a one-of-a-kind investment opportunity or a charming oasis for owner-occupied buyers seeking a taste of authentic Los Angeles living. Front unit 1,1 middle unit 2,1 and rear unit 2,1 total 1,540 SF with a lot size of 5,398 and ZONED for RD3. Two of the units can possibly be delivered vacant, negotiable. Located in OPPORTUNITY ZONE great potential tax benefits for investors / developers with lots of upside potential. (2 units will be delivered vacant.) call agent for details. (Current first loan is at 3.75 % FHA. It can possibly be assumed or offer este buy down for loan. Check with your lender.)
This property boasts three distinct units, each offering a unique blend of modern amenities and vintage charm. Whether you're an investor looking for a steady rental income stream or an owner-occupier wanting to live in one unit while renting the others, this triplex provides endless potential. Features include: 1 car attached garage for one unit, washer dryer hook ups, long driveway for parking, back yard perfect for entertaining or small gatherings, plenty of windows that emit lots of natural light, middle unit has been remodeled, newer roof, new electrical panel and plumbing. Move in ready.
Nestled in the heart of Atwater Village, this triplex is the epitome of location, location, location. Enjoy easy access to trendy cafes, boutiques, art galleries, Whole Foods, Americana, Momeed, Berg Acting Studio and parks - all within walking distance. Plus, you're just minutes away from Griffith Park and the LA River, providing endless outdoor recreation options. Proximity to the 5 and 2 freeways, as well as transportation options, makes commuting a breeze and allows residents to easily explore the greater Los Angeles area.
Location
State CA
County Los Angeles
Area 606 - Atwater
Zoning LARD3
Interior
Interior Features Laminate Counters, All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside, In Garage
Exterior
Garage Asphalt, Driveway Level, Door-Single, Garage, Garage Door Opener
Garage Spaces 1.0
Garage Description 1.0
Fence Wood
Pool None
Community Features Street Lights, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Shingle
Parking Type Asphalt, Driveway Level, Door-Single, Garage, Garage Door Opener
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Level, Rectangular Lot
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 5436009009
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA, Submit, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA, Submit, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Jaime Garcia • Axxess Funding
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "