$1,075,000
$1,075,000
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7,405 Sqft Lot
SOLD DATE : 12/29/2020
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20661998
Sold Date 12/29/20
HOA Y/N No
Year Built 1949
Lot Size 7,405 Sqft
Property Description
We are pleased to present the opportunity to acquire a 6-unit multifamily property located in the Arlington Heights neighborhood of Los Angeles. Built in 1949, this two-story apartment building is comprised of five 1bed/1bath units, one 1bed/1bath+den unit and offers six on-site parking spaces. All units are separately metered for gas, electricity and water and the property includes individual trash bins allowing a new investor to take advantage of low operating expenses. One 1bed/1bath unit will be delivered vacant. With over 29% of upside between scheduled and market rents, this property provides an outstanding opportunity for an astute investor to capitalize on this value-add deal.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Uncovered
Building
Story 2
Others
Senior Community No
Tax ID 5072015016
Special Listing Condition Standard
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Bought with Sevak Keshishian • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "