$975,000
$1,025,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
6,503 Sqft Lot
SOLD DATE : 10/04/2024
Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID PW24167088
Sold Date 10/04/24
HOA Y/N No
Year Built 1935
Lot Size 6,503 Sqft
Property Description
Two homes on a lot plus a brand new 1bd/1bth ADU unit, 3 separate structures. The property is on a large 6,502 SF lot and is comprised of a Spanish style 2bd/1bth home, 1bd/1bth home in rear, and new 1bd/1bth ADU unit. Both the front 2bd/1bth home and rear 1bd/1bth house are currently rented, and eligible for 8.9% rent increases, bringing their rents to $2,130 and $1,535, new ADU unit currently vacant but market rent should be $1,795-$1,895. The home features beautiful hardwood, granite counter tops, and lots of classic charm. The brand new all electric ADU unit features new Milgard Tuscany windows, vinyl plank flooring, custom bathroom with tile surround, spacious bedroom with mini split HVAC. There is ample outdoor space for all the units. Large yard behind the front house, and another large yard behind both the 1bd/1bth house and 1bd/1bth ADU unit. New 400 amp 3 gang panel. This is a great opportunity for Investor or Owner Occupant. Located around the corner from Compound LB (art gallery and restaurant).
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Fireplace No
Laundry Outside
Exterior
Parking Features Driveway
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Lawn, Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7259026008
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Spencer Pabst • Pabst, Kinney & Associates