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Key Details
Sold Price $1,800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 319000636
Sold Date 12/05/19
HOA Y/N No
Year Built 1961
Lot Size 0.303 Acres
Property Description
Amazing opportunity to own a gem in Un-incorporated LA County portion of Montrose a stone throw away from Trader joes on Honolulu. This building was constructed in 1961 and consists of (8) 2+1, and (1) 2+1.5 townhouse on a large 13,216 SQFT lot. There are (9) carports detached from the building, no'' soft story. Majority of the units have been remodeled with hardwood flooring, ceramic wall and floor tiles in bathroom and kitchen, wall type heating and air conditioning. The townhouse unit has been upgraded with Central A/C. The building is located right across from Montrose shopping park, Glendale satellite library and Fire department. The property has a historically high occupancy rate and the rents are close to market in the apartments current state, so no issues with pending rent control discussions of the county of LA. That is, the current owner can re-position units once they become vacant and achieve higher rents.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Zoning LCR3YY
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Balcony
Laundry Location Common Area
Heating Forced Air, Natural Gas, Wall Furnace
Cooling Central Air
Flooring Carpet, Laminate, Tile, Wood
Fireplace No
Appliance Gas Water Heater, Oven, Range
Laundry Common Area
Exterior
Garage Assigned, Covered, Carport, Detached Carport
View Y/N No
Roof Type Asbestos Shingle
Parking Type Assigned, Covered, Carport, Detached Carport
Total Parking Spaces 9
Private Pool No
Building
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Others
Tax ID 5807020031
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Assumed
Special Listing Condition Standard
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Bought with George Yessaie • JohnHart Real Estate
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