La Puente, CA 91744,547 League Avenue
La Puente, CA 91744,547 League Avenue
La Puente, CA 91744,547 League Avenue
$1,755,000
Est. payment /mo
$1,525,000
15.1%
Est.Price: ?

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8 Beds
4 Baths
0.34 Acres Lot
SOLD DATE : 08/23/2022

Key Details

Sold Price $1,755,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV22160455

Sold Date 08/23/22

Bedrooms 8

HOA Y/N No

Lot Size 0.337 Acres

Property Description

PRIVATE SELLER FINANCING AVAILABLE! We are pleased to offer for sale this 7 Unit multi-family investment in the city of La Puente. The property is comprised of all 2Bedroom/1Bathroom Units each measuring 900 SqFT on average. Each unit is separately metered for electricity and gas while the owner pays for water and trash. Tenants enjoy both garage and open space parking as well as an onsite laundry facility. The current owner has owned the property for a number of years and has rarely raised rents. For a new investor who is familiar with repositioning tenants, this investment offers tremendous upside in rental income with nearly a 100% upside in rental rates. Private seller financing is mandatory for this transaction. Financing Terms: 30% Down Payment, 5% Interest Only Payments, fixed for a 5-7 Year Term. Prepay Penalty for the first 5 years only.
PRIVATE SELLER FINANCING AVAILABLE! We are pleased to offer for sale this 7 Unit multi-family investment in the city of La Puente. The property is comprised of all 2Bedroom/1Bathroom Units each measuring 900 SqFT on average. Each unit is separately metered for electricity and gas while the owner pays for water and trash. Tenants enjoy both garage and open space parking as well as an onsite laundry facility. The current owner has owned the property for a number of years and has rarely raised rents. For a new investor who is familiar with repositioning tenants, this investment offers tremendous upside in rental income with nearly a 100% upside in rental rates. Private seller financing is mandatory for this transaction. Financing Terms: 30% Down Payment, 5% Interest Only Payments, fixed for a 5-7 Year Term. Prepay Penalty for the first 5 years only.

Location

State CA

County Los Angeles

Area La Puente (91744)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Space Rent $900

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000 REALTY
Bought with KRISTOPHER GERMAN • RE/MAX 2000 REALTY
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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