Los Angeles, CA 90031,347 S Avenue 19
Los Angeles, CA 90031,347 S Avenue 19
Los Angeles, CA 90031,347 S Avenue 19
Los Angeles, CA 90031,347 S Avenue 19
Los Angeles, CA 90031,347 S Avenue 19
Los Angeles, CA 90031,347 S Avenue 19
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$1,050,000

$1,100,000

4.5%
Est.Price: ?

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Est. payment /mo

11 Beds

6 Baths

3,944 SqFt


SOLD DATE : 12/26/2023

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,944 sqft

Price per Sqft $266

MLS Listing ID 23308211

Sold Date 12/26/23

Bedrooms 11

HOA Y/N No

Year Built 1972

Lot Size 8,315 Sqft

Property Description

We are pleased to introduce 347 South Avenue 19, a 5-unit apartment complex situated in the heart of Lincoln Heights. Coming to market for the first time in 45-years, this property offers investors a golden chance to realize substantial rental growth as units become available. Built in 1972, the property features (1) 3-Bedroom/2-Bathroom Single Family Residence, accompanied by (4) 2-Bedroom/1 Bathroom units. Spanning 3,944 square feet of living space, the property is situated on an 8,317 square foot lot which provides the potential to add ADUs (Buyer to verify). All units are individually metered for gas and electricity, and the property provides tenants with 5 covered parking spots. Located north of N. Main Street and west of the 5 freeway, this property boasts a commendable walk score of 84. Nearby, you'll find local supermarkets, emerging restaurants, and the renowned Chavez Ravine, home of Dodger stadium. Downtown Los Angeles, Chinatown, the Arts District, Boyle Heights, and many more neighborhoods are merely a brief drive away. Plus, with seamless access to both the 110 and 5 freeways, navigating the Greater Los Angeles becomes a breeze.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Covered

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5447030005

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sevak Keshishian • Marcus & Millichap
Bought with VICTOR GARCIA • REALTY WORLD CALIFORNIA PROPERTIES
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