$650,000
$650,000
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5 Beds
3 Baths
1,941 SqFt
SOLD DATE : 10/03/2022
Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,941 sqft
Price per Sqft $334
MLS Listing ID 22160609
Sold Date 10/03/22
Bedrooms 5
HOA Y/N No
Year Built 1928
Lot Size 6,194 Sqft
Property Description
MAJOR PRICE REDUCTION! We are pleased to present a Great Value-Add Opportunity located in a growing neighborhood of Huntington Park. This 3-Unit listing features a desirable single-story construction with TWO 2 Bedroom + 1 Bathroom units and ONE 1 Bedroom + 1 Bathroom unit. The property consists of a 1,941 Square Foot building on a 6,194 Square Feet Lot Zoned HPR1*. This investment property has so much room for improvement which includes a whopping 78% Rental Upside Potential. The current use makes this property eligible for a 30 year fixed residential financing. This triplex is located down the block from the Lucille Roybal Allard Elementary School. Tenants enjoy the convenience of being within walking distance to the Salt Lake Park and the city's Parks and Recreation. Close to many Shopping Centers within the immediate area. The property falls between Bell and Maywood. Short Commute to all the major freeways. PLEASE NOTE: All units are currently occupied, *NONE OF THE UNITS WILL BE DELIVERED VACANT* please do not disturb tenants.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPR1*
Interior
Fireplace No
Exterior
Garage One Space
Parking Type One Space
Total Parking Spaces 2
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 6323012053
Special Listing Condition Standard
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Bought with Remoun Said • Keller Williams Pacific Estates La Mirada