$1,500,000
$2,100,000
28.6%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
16 Baths
6,424 SqFt
SOLD DATE : 08/16/2022
Key Details
Sold Price $1,500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 6,424 sqft
Price per Sqft $233
MLS Listing ID SR22180821
Sold Date 08/16/22
Bedrooms 16
Full Baths 16
HOA Y/N No
Year Built 1949
Lot Size 5,924 Sqft
Property Description
Amazing 16 Unit Investment Opportunity in Huntington Park! Central Location Proximate to 110, 710, 105, and 60 Freeways. Walking Distance to Numerous Restaurants, Shops, and Miles Avenue Elementary, Gage Middle School, and Huntington Park High School. 15 Units Occupied with On-site Manager. All Units Rented Below Market Value, Allowing Investor to Increase Rents Immediately Allowing Further Rental Upside. Each Studio Unit Equipped with One Full Bathroom and Wall Furnace. Some Units Have been Remodeled. Most Windows Have been Replaced. Main Sewer Line Recently Replaced to Copper. Do Not Disturb Occupants.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning HPCPYY
Rooms
Main Level Bedrooms 8
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
View Y/N No
View None
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 6322016009
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Steven Smith • Company California