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$1,279,000
Est. payment /mo
11 Beds
8 Baths
5,746 Sqft Lot
UPDATED:
05/07/2024 01:36 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW23168082
Bedrooms 11
HOA Y/N No
Lot Size 5,746 Sqft
Property Description
Price Reduction!!! Seller Is Motivated!!! This 3 Unit Multi-Family Residential Triplex Features Both Unit 1 & 2 are 4 Bedrooms and 2 & 1/2 Bathrooms each. Unit 3 is a 3 Bedroom and 2 Bathroom unit. All 3 Units feature a Master Bedroom with their Private Bathroom. Unit 1 has a 2 Car Garage and Units 2 & 3 both have a 2 Car Tandem Garage each. The 3 Units Total Living Area is 4,260 Square Feet. The Property is Multi-Family Residential but is Zoned LAR4. Check with the City of Los Angeles to confirm Current Zoning. The property has ample Parking in Front of the 3 Garages Accessed through the Alley off E 90th Street. Tenants have additional Parking on 90th Street alongside of the Complex Entrances. The Units have been Approved and are Under Section 8. Unit 1 is currently Vacant and can be renovated by the close of escrow or Seller is willing to credit $4500.00 at the close of escrow. The Section 8 market rent for the this 4 Bedroom unit is $4,320.00 effective as 01-01-2024. The rents are be below market. Potential Buyers May Increase the Rent in compliance with the governing Laws. Information is Deemed reliable. Agents to do your due diligence to confirm accuracy of information. The City of Los Angeles is known for its revitalization, Public Transportation, Schools, Shops, Restaurants and much more. Don't Let This Great Opportunity Pass You By!!!
Price Reduction!!! Seller Is Motivated!!! This 3 Unit Multi-Family Residential Triplex Features Both Unit 1 & 2 are 4 Bedrooms and 2 & 1/2 Bathrooms each. Unit 3 is a 3 Bedroom and 2 Bathroom unit. All 3 Units feature a Master Bedroom with their Private Bathroom. Unit 1 has a 2 Car Garage and Units 2 & 3 both have a 2 Car Tandem Garage each. The 3 Units Total Living Area is 4,260 Square Feet. The Property is Multi-Family Residential but is Zoned LAR4. Check with the City of Los Angeles to confirm Current Zoning. The property has ample Parking in Front of the 3 Garages Accessed through the Alley off E 90th Street. Tenants have additional Parking on 90th Street alongside of the Complex Entrances. The Units have been Approved and are Under Section 8. Unit 1 is currently Vacant and can be renovated by the close of escrow or Seller is willing to credit $4500.00 at the close of escrow. The Section 8 market rent for the this 4 Bedroom unit is $4,320.00 effective as 01-01-2024. The rents are be below market. Potential Buyers May Increase the Rent in compliance with the governing Laws. Information is Deemed reliable. Agents to do your due diligence to confirm accuracy of information. The City of Los Angeles is known for its revitalization, Public Transportation, Schools, Shops, Restaurants and much more. Don't Let This Great Opportunity Pass You By!!!
Price Reduction!!! Seller Is Motivated!!! This 3 Unit Multi-Family Residential Triplex Features Both Unit 1 & 2 are 4 Bedrooms and 2 & 1/2 Bathrooms each. Unit 3 is a 3 Bedroom and 2 Bathroom unit. All 3 Units feature a Master Bedroom with their Private Bathroom. Unit 1 has a 2 Car Garage and Units 2 & 3 both have a 2 Car Tandem Garage each. The 3 Units Total Living Area is 4,260 Square Feet. The Property is Multi-Family Residential but is Zoned LAR4. Check with the City of Los Angeles to confirm Current Zoning. The property has ample Parking in Front of the 3 Garages Accessed through the Alley off E 90th Street. Tenants have additional Parking on 90th Street alongside of the Complex Entrances. The Units have been Approved and are Under Section 8. Unit 1 is currently Vacant and can be renovated by the close of escrow or Seller is willing to credit $4500.00 at the close of escrow. The Section 8 market rent for the this 4 Bedroom unit is $4,320.00 effective as 01-01-2024. The rents are be below market. Potential Buyers May Increase the Rent in compliance with the governing Laws. Information is Deemed reliable. Agents to do your due diligence to confirm accuracy of information. The City of Los Angeles is known for its revitalization, Public Transportation, Schools, Shops, Restaurants and much more. Don't Let This Great Opportunity Pass You By!!!
Location
State CA
County Los Angeles
Area Los Angeles (90003)
Zoning Assessor
Interior
Heating Natural Gas
Exterior
Exterior Feature Stucco
Roof Type Rolled/Hot Mop
Building
Lot Description Corner Lot, Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $597
Acceptable Financing Cash, Conventional
Space Rent $2,469
Listing Terms Cash, Conventional
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Listed by Henry Martinez • American Nacional Real Estate
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878