$1,475,000
$1,375,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
6,751 Sqft Lot
SOLD DATE : 03/07/2016
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 15958379
Sold Date 03/07/16
HOA Y/N No
Year Built 1926
Lot Size 6,751 Sqft
Property Description
Six Fully Remodeled UnitsOver 25% Rent Upside PotentialA Mix of One and Two Bedroom UnitsNew Windows, Exterior Paint, Landscaping & Common Area ImprovementsProperty on Corner LotAdditional Income from On-Site Laundry 11 Units In Leimert Park, Built in 1926Over Half the Building Has Been RemodeledRemodeled Units Include New Bathrooms, New Kitchen, New Flooring, and NewAppliancesNew Exterior Paint, Landscape, and Upgraded Common AreaOver 25% Rental Upside PotentialA Mix of One and Two Bedroom UnitsLaundry Facility On-Site for Additional IncomeDensely Populated Rental Area of Central Los AngelesBuilding Square Feet of 7,352Minutes to both 10 and 110 Freeway with Access to DowntownNo Restrictive Financing. Investors May Take Advantage of Today's Low Rates
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Cooling See Remarks
Fireplace No
Laundry See Remarks
Building
Story 2
Others
Tax ID 5014027026
Special Listing Condition Standard
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Bought with Albert Banks • AOA Commercial Brokerage
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