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Key Details
Sold Price $700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,809 sqft
Price per Sqft $249
MLS Listing ID 15947371
Sold Date 01/29/16
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1959
Lot Size 0.283 Acres
Property Description
Investor's 4 apartments on 12,000+ sf RD2 Lot. $50,000 annual income with UPSIDE. 5 Parking Spaces and large Storage Building. Lovely big flat corner Lot Zoned RD2 gives you future value, and development opportunity to build 6 apartments, condos or town homes. Apartments are all in good condition, having passed a rigorous SCEP inspection in August. Front building is 1,769 sf with 2 units, built in 1912 and has a Woodley Avenue addresses. Back building is 1,040 sf with 2 units, built in 1959, and has a Wyandotte Street addresses. #3 building is a large 600 sf Storage building. Good location near the 405 freeway's Sherman Way exit. Walking distance to shops & restaurants, in the heart of the San Fernando Valley. Motivated Seller. Please drive by for now. We'll happily show you inside with your accepted offer, subject to your inspection.
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LARD2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Concrete, Door-Single, Driveway, Garage
Community Features Sidewalks
Roof Type Asphalt
Parking Type Concrete, Door-Single, Driveway, Garage
Total Parking Spaces 5
Building
Lot Description Corner Lot, Corners Marked, Front Yard, Lawn, Level, Rectangular Lot, Yard
Faces West
Story 1
Construction Status Repairs Cosmetic
Others
Tax ID 2206033038
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Tal Yona • Re/Max Grand