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Key Details
Sold Price $2,495,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-12350
Sold Date 03/29/23
Bedrooms 9
HOA Y/N No
Lot Size 8,665 Sqft
Property Description
A rare opportunity to purchase 5 units multifamily investment property located in prime Montrose location.Built in 1939 front house and 1985 back 4 units, the building has an exceptional unit mix of (1) 2+1 front house, (2) 2+2, (2) 3+2, situated on a +/-8,665 SF of land. The property features spacious and updated units, +/-5,156 SF building size, central A/C and heating, balconies, fireplaces and 10 covered car parking spaces.The property is in pristine condition and has a great curb appeal, separate gas and electric meters and copper plumbing.It's located in a much desired prime rental location, walking distance to Old Town Montrose Village attractions. View attached marketing brochure.
A rare opportunity to purchase 5 units multifamily investment property located in prime Montrose location.Built in 1939 front house and 1985 back 4 units, the building has an exceptional unit mix of (1) 2+1 front house, (2) 2+2, (2) 3+2, situated on a +/-8,665 SF of land. The property features spacious and updated units, +/-5,156 SF building size, central A/C and heating, balconies, fireplaces and 10 covered car parking spaces.The property is in pristine condition and has a great curb appeal, separate gas and electric meters and copper plumbing.It's located in a much desired prime rental location, walking distance to Old Town Montrose Village attractions. View attached marketing brochure.
Location
State CA
County Los Angeles
Area Montrose (91020)
Zoning Public Rec
Interior
Cooling Central Forced Air
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash
Space Rent $2,720
Listing Terms Cash
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Hovik Avanessian • Remax Optima