$1,668,000
$1,899,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
8,019 Sqft Lot
SOLD DATE : 03/01/2024
Key Details
Sold Price $1,668,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23214409
Sold Date 03/01/24
HOA Y/N No
Year Built 1959
Lot Size 8,019 Sqft
Property Description
Excellent positioning, spacious bedrooms within a serene complex. Every unit comprises two bedrooms, a bath, and features a sizable patio or balcony. There are no rent restrictions on this property, and all occupants are up-to-date with their rent payments. Recent upgrades include plumbing and sewer line enhancements, along with a new water heater. Several units have undergone renovations. Conveniently located within walking distance of East LA College, near markets, Starbucks, Chipotle, and various dining options. A mere 15-minute commute to Downtown LA adds to its appeal. The property generates a substantial income with room for further growth. It's effortlessly manageable, offering ease in maintenance.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR3*
Interior
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5253012025
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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880 Roosevelt Suite 250, Irvine, California, 92620, United States