$1,700,000
$1,650,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
7,954 Sqft Lot
SOLD DATE : 11/08/2024
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24134282
Sold Date 11/08/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Lot Size 7,954 Sqft
Property Description
Solid 6-unit multifamily property. The building underwent an extensive renovation in 2014 updating plumbing, electrical, roof, floors, kitchens and bathrooms. The building is comprised of one 4 bedroom unit, two 3 bedroom units and three 2 bedroom units. All 6 tenants are on month to month with TWO of them planning to move out ASAP. Current rents are estimated to be about 45% below market rent.
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Zoning HAR3YY
Interior
Interior Features Granite Counters
Heating Forced Air
Cooling None
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Range
Laundry Common Area, Inside
Exterior
Garage Detached Carport, Driveway, On Site
Carport Spaces 6
Fence Block
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Flat
Accessibility See Remarks
Parking Type Detached Carport, Driveway, On Site
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Faces North
Story 2
Entry Level Two
Foundation See Remarks
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4045025018
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Steven Bogoyevac • Steven M. Bogoyevac, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "