$750,000
$749,950
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6,599 Sqft Lot
SOLD DATE : 10/17/2024
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24048891
Sold Date 10/17/24
Construction Status Repairs Cosmetic,Turnkey
HOA Y/N No
Year Built 1965
Lot Size 6,599 Sqft
Property Description
Excellent opportunity to own a triplex in the hip and growing area of El Sereno. Unit #2 will be delivered VACANT, so you can live in one and continue to collect rent from the other two. Tremendous upside in the rents! All three units are all two bedroom and one bath units with longstanding tenants. Property is subject to Los Angeles rent control and sale to include two tenants. All units are on one level, however, parking spots are below. Property boasts six parking spots - three tandem parking spots. Buyer can also build an ADU, but must check with the city and get COO to build. Roof was redone less than one year ago.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LARD3
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Attached Carport, Assigned, Covered
Carport Spaces 3
Fence Chain Link
Pool None
Community Features Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sloped Down, Rectangular Lot
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic,Turnkey
Others
Senior Community No
Tax ID 5218016028
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing FHA
Special Listing Condition Standard
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Bought with Alvin Yang • Moon Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "