$1,360,000
$1,498,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
6,246 Sqft Lot
SOLD DATE : 04/25/2023
Key Details
Sold Price $1,360,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-10493
Sold Date 04/25/23
HOA Y/N No
Year Built 1987
Lot Size 6,246 Sqft
Property Description
Price Reduced! This 4-unit apartment building was built in 1987 and totals 4,076 square feet. Each unit has 2 bedrooms, 2 bathrooms and averages over a 1,000 square feet each. Each unit also has it's own laundry and central air conditioning and heating. Parking consists of 4 garage spaces and 4 uncovered spaces. These well-maintained units are in an excellent location close to the Herald Community Center, Lincoln Elementary School and Gabrielino High School. Rents are low. Two units have become vacant so great opportunity to bring the rents up to market! Financial analysis based on pro forma rents and estimated expenses.Great upside in the existing rents and great investment opportunity!
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Free-Standing Range
Laundry Inside
Exterior
Garage Assigned, Garage, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Curbs
View Y/N No
View None
Parking Type Assigned, Garage, Uncovered
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinklers None
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 5368023026
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with Non-Member (Merced) • Merced Non-Member