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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24070347
Sold Date 06/13/24
Bedrooms 5
HOA Y/N No
Lot Size 6,969 Sqft
Property Description
Centrally located between the sought-after neighborhoods like Hancock Park, Silver Lake, Korea Town and Hollywood, this 10 unit apartment building offers a great opportunity for any investor looking for a property with a big upside in rents. The building has undergone some renovations including a new roof, two units are remodeled, retrofitting has been done and all is well cared for. Long term tenants live on the property offering a huge upside potential in rents. There are a lot of new construction projects around the area.
Centrally located between the sought-after neighborhoods like Hancock Park, Silver Lake, Korea Town and Hollywood, this 10 unit apartment building offers a great opportunity for any investor looking for a property with a big upside in rents. The building has undergone some renovations including a new roof, two units are remodeled, retrofitting has been done and all is well cared for. Long term tenants live on the property offering a huge upside potential in rents. There are a lot of new construction projects around the area.
Location
State CA
County Los Angeles
Area Los Angeles (90004)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Corner Lot, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $3, 684
Acceptable Financing Cash
Space Rent $1,004
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 Aristide Buhoiu • Royal Estate Properties