$8,500,000
$799,000
963.8%For more information regarding the value of a property, please contact us for a free consultation.
6,777 Sqft Lot
SOLD DATE : 11/27/2024
Key Details
Sold Price $8,500,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24110642
Sold Date 11/27/24
HOA Y/N No
Year Built 1923
Lot Size 6,777 Sqft
Property Description
Update: 2 bed 1 bath will be VACANT. 11726 Budlong Ave is a 5 unit apartment complex located near transportation and LAX. Constructed in 1923 and sitting on a large 6,776 SF. Property consists of 2 separate buildings. Front building has 4 units all 1 bed 1 bath collecting a total of $5,010 per month. Unit #5 is a detached home and is 2 bed 1 bath, it will be delivered vacant and can rent for $2,350. The property has a 4 car garage. This investment presents an amazing value-add opportunity.
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Zoning LCR320U*
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Golf
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6079018005
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Everardo Banuelos Robles • Realty ONE Group United
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "