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Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23085104
Sold Date 09/26/23
Bedrooms 4
HOA Y/N No
Lot Size 5,619 Sqft
Property Description
Incredible Owner-User or Investment opportunity to acquire a beautifully remodeled 4-plex in highly desirable Highland Park. A lot of money invested in this meticulous renovation project. The property consists of one 2 bedroom 1 bath (occupied), one 1 bedroom 1 bath (open), one 1 bedroom 1 bath (occupied), and one studio (occupied). All four apartments have been extensively remodeled. The occupied studio, 2 bedroom, and 1 bedroom units have tenants who have been there for less than one year. One of the four units will be open at the close of escrow. Additionally, the three occupied units are open to remaining for a year post COE and are on a year contract. The property is conveniently located on a quiet street just a walk away from red-hot Figueroa Boulevard where you'll find local favorites like Hippo, Kitchen Mouse, Cookbook, HomeState, Civil Coffee, Cafe Birdie, ETA, Otoo, Rosty, and so many more. You also have easy access to freeways and proximity to DTLA, Pasadena, the Metro Gold Line, all the restaurants, bars, coffee shops, nightlife, and the vibrant urban lifestyle that Highland Park offers.
Incredible Owner-User or Investment opportunity to acquire a beautifully remodeled 4-plex in highly desirable Highland Park. A lot of money invested in this meticulous renovation project. The property consists of one 2 bedroom 1 bath (occupied), one 1 bedroom 1 bath (open), one 1 bedroom 1 bath (occupied), and one studio (occupied). All four apartments have been extensively remodeled. The occupied studio, 2 bedroom, and 1 bedroom units have tenants who have been there for less than one year. One of the four units will be open at the close of escrow. Additionally, the three occupied units are open to remaining for a year post COE and are on a year contract. The property is conveniently located on a quiet street just a walk away from red-hot Figueroa Boulevard where you'll find local favorites like Hippo, Kitchen Mouse, Cookbook, HomeState, Civil Coffee, Cafe Birdie, ETA, Otoo, Rosty, and so many more. You also have easy access to freeways and proximity to DTLA, Pasadena, the Metro Gold Line, all the restaurants, bars, coffee shops, nightlife, and the vibrant urban lifestyle that Highland Park offers.
Location
State CA
County Los Angeles
Area Los Angeles (90042)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $2,700
Listing Terms Cash, Conventional, FHA, VA
Financing Cash
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Bought with Kyu Hyung Lee • Won Suk Kim Real Estate, Inc.