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Key Details
Sold Price $1,150,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW21255305
Sold Date 02/25/22
HOA Y/N No
Year Built 1928
Lot Size 7,444 Sqft
Property Sub-Type Apartment
Property Description
BOM. Probate Sale- Value-Add five unit Multi-Family apartment for sale in Glassell Park. (Los Angeles, CA) Property is being offered for sale for the first time in approximately 50 years, making this a rare opportunity to purchase in a desirable area with an attractive cost per unit. In addition, there is tremendous upside in rents with renovations of the interiors. The property unit mix consists of: 1 - 2 Bedroom, and 4 - 1 Bedroom, 1 Bath units. This mix is perfect for the target market demographic of young professionals. one unit can be renovated immediately after the close of escrow . Please do not disturb the tenants. Drive by only. Won't last !
Location
State CA
County Los Angeles
Area 623 - Glassel Park
Zoning LARD2
Interior
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Total Parking Spaces 7
Private Pool No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5455003016
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Probate Listing
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Bought with Aurora Gim Expert Real Estate