$1,675,000
$1,749,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
8,276 Sqft Lot
SOLD DATE : 10/27/2020
Key Details
Sold Price $1,675,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20607690
Sold Date 10/27/20
HOA Y/N No
Year Built 1921
Lot Size 8,276 Sqft
Property Description
5.49% CAP Rate on in Placed Rents! Motivated Seller and Priced to Sell! Under $290 Per SqFt! 2336 W. 21st St is a unique 4-unit fully renovated, turn-key property in the heart of the Historic Arlington Heights Neighborhood. This gated and secured, two story historic apartment located on a wide tree-lined residential street, was built in 1921; however, was completed renovated in 2015 to bring back all the Victorian style charm and characteristics of the property. All the units are comprised of spacious 3 Bedroom units that provide a unique open floor plan averaging around over 1,500 SqFt with new flooring, kitchen, bathrooms, and offering in unit washer/dryer in each unit. Additionally, all the building systems have also been upgraded with new copper plumbing, electrical, roof, and water heaters. This is a great opportunity for an investor, or "Owner User" to collect healthy rental income year one, and benefit from minimum operating expenses. One unit can be delivered vacant.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher
Exterior
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
View None
Total Parking Spaces 4
Building
Story 2
Architectural Style Victorian
Others
Senior Community No
Tax ID 5073026022
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Kamfar Kyle Mirrafati • Matthews Real Estate Investment Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States