$850,000
$849,900
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4,878 Sqft Lot
SOLD DATE : 07/25/2015
Key Details
Sold Price $850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV14099532
Sold Date 07/25/15
HOA Y/N No
Year Built 1965
Tax Year 2013
Lot Size 4,878 Sqft
Property Description
PRICE REDUCTION OVER $100,000! Great income property, no vacancy in the last 5 years, 2 Years old roof, about 2 year remodeled, Next to West side area, About 4 miles from Beverly Hills, Laundry income of$ 3000, Pro-forma CAP rate of 7.14%,. Compare $226 per s.f. vs. others Prices sold at $309 s.f. , $321 s.f. in the same Zip code. Few blocks from the new mall Midtown Crossing plaza (Ross, Lowe's, restaurants, Petsmart, Sports Authority, etc.) well maintained property, nice rents in the area, Please do not disturb tenants, hurry it wont last.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
Others
Tax ID 5067010038
Acceptable Financing Conventional, 1031 Exchange, Submit
Listing Terms Conventional, 1031 Exchange, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Michael Healy • Keller Williams Realty - Stud
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "