$1,700,000
$1,785,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
6,534 Sqft Lot
SOLD DATE : 02/12/2021
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20668436
Sold Date 02/12/21
HOA Y/N No
Year Built 1947
Lot Size 6,534 Sqft
Property Description
Five Units , all 2 BR in the highly desirable Wilshire-Vista Heights neighborhood. The location is excellent- its walking distance to Mid-town Crossing and the new Target/Sprouts center. The units are spacious and bright . The entry is secure with a charming brick walkway through manicured garden. There are (3) 2BR/1.5 BA units (including 1 Townhome style )and (2) are 2BR/1BA. There is good upside in the rents and one unit will be delivered vacant. The remaining tenants are all current in rent. There is carport parking for 6 cars in the rear and a basement with forced air heaters and separate water heaters for each unit. This value-add play is ripe for increasing cash-flow and appreciation.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Interior Features Multiple Staircases
Heating Forced Air
Cooling None
Flooring Carpet
Fireplaces Type Bath, Dining Room, Electric, Gas, Kitchen
Fireplace Yes
Appliance Disposal
Laundry In Kitchen
Exterior
Parking Features Carport, Detached Carport
Carport Spaces 6
Community Features Gated
Roof Type Composition
Total Parking Spaces 6
Building
Story 2
Foundation Raised
Others
Senior Community No
Tax ID 5070011028
Security Features Fire Detection System,Gated Community,Smoke Detector(s),Window Bars
Special Listing Condition Standard
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Bought with Jim Heo • First LA Asset Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "