$1,040,000
$1,088,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
7,013 Sqft Lot
SOLD DATE : 08/25/2014
Key Details
Sold Price $1,040,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR14097981
Sold Date 08/25/14
HOA Y/N No
Year Built 1951
Tax Year 2013
Lot Size 7,013 Sqft
Property Description
23% upside in rents. Pro Forma CAP 6.43%. Excellent 2 story building located near Pico and Crenshaw. Subject is legal 7 units. Front building is 6 units built in 1951. Rear building is one unit and built in 1921. Separately metered for gas and electric. Individual water heaters. Near mass transit and major freeways. 2 of the apartments have remodeled kitchen with granite counters and new cabinets.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Interior Features Tile Counters
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Disposal
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 5072025011
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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