Thank you
Minerva Corral
CORRAL INVESTMENTS & REALTY
626-974-8223
Excellent opportunity to own this 4-unit building and start or grow your portfolio. This building was built in 1965 and is located in a prime location of the City of Los Angeles. Building offers four 2-bedroom / 1 bath with ample tenant parking. All units are separately metered for gas and electricity. This building needs some TLC. There is great upside rental potential on this property. Current tenants are all long-term tenants on month-to-month tenancy. Great location close to Interstate 110 Freeway allowing for an easy commute to Downtown LA, LAX, and several LA points of interest. Motivated Seller.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1063674404 | 1 | 2 | 1 | 0 |
2 | 1063674404 | 1 | 2 | 1 | 0 |
3 | 1063674404 | 1 | 2 | 1 | 0 |
4 | 1063674404 | 1 | 2 | 1 | 0 |
Water Source : Public
Sewer : Public Sewer
Wall Furnace
Has Heating
Year Built: 1965
Building Area Total: 2,976
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1341
Lot Size Source: Assessor
Lot Size Square Feet: 5843
Original List Price: 890,000
Listing Contract Date: 2024-03-20
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5121018003
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
Source Listing Status: Active
Source Neighborhood: C37 - Metropolitan South
Postal Code Plus 4: 2677
Directions: E of 110 Fwy / W San Pedro and S of Jefferson / N of Martin Lurther King
Zoning: LAR2
Source Property Type: Residential Income
Area: C37 - Metropolitan South
Property SubType: Quadruplex
Property Age: 59
Common Walls: 1 Common Wall
Structure Type: Quadruplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1, 2
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Residential Income, Los Angeles, CA,90011 | $990,000 | 6 | -- | 2,302 | 4400 Sqft |
606 E 51st Street, Los Angeles, CA,90011 | $1,400,000 | 6 | -- | 2,870 | 9937 Sqft |
876 -876 1/2 E 41st Place, Los Angeles, CA,90011 | $739,900 | 6 | 3 | 2,112 | 6250 Sqft |
4725 Compton Avenue, Los Angeles, CA,90011 | $450,000 | 2 | 1 | 1,029 | 2731 Sqft |
851 E 32nd Street, Los Angeles, CA,90011 | $675,000 | -- | -- | 2,400 | 5230 Sqft |
802 E. 25th Street, Los Angeles, CA,90011 | $824,999 | 5 | 1 | 2,026 | 163437120 Sqft |
2808 Maple Avenue, Los Angeles, CA,90011 | $650,000 | 2 | -- | 1,072 | 4800 Sqft |
209 E 31st Street, Los Angeles, CA,90011 | $675,000 | 2 | 1 | 1,028 | 6280 Sqft |
461 E 30th Street, Los Angeles, CA,90011 | $775,000 | -- | -- | 3,097 | 6244 Sqft |
1598 E 46th Street, Los Angeles, CA,90011 | $700,000 | -- | -- | 1,794 | 5257 Sqft |
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ByOwner last updated this listing 05/21/2024 @ 17:16
MLS: CV24057292
LISTED BY: Minerva Corral, CORRAL INVESTMENTS & REALTY
SOURCE: CRMLS
Buyer Agency Compensation: 1%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.