For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $909,066
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB24117841
Sold Date 09/05/24
Bedrooms 4
HOA Y/N No
Lot Size 7,500 Sqft
Property Description
Located in the Highly Sought -after Cypress Park neighborhood these 2 Large separate houses sit on a large lot of 7500 providing privacy and space for each household . Rear Residence (216 E. avenue ) is a 2 bedroom with Bonus room and Family room ,2 bathroom with a Detached 1 Car Garage. This residence is in move in condition , features a master bedroom , laundry hook ups, covered patio and a good size back yard. Front House (218 E. Avenue ) will be delivered VACANT and consist of a spacious 2 Bedroom 1 bathroom with a 2 car garage features hardwood floors throughout , large windows making it bright with natural light , front and back yard ,dog run and inside laundry hooks. Property is a Diamond in the rough , perfect for an Owner-user looking to build sweat equity fast and or the seasoned investor looking for a High rental yield . This property represents a significant value-add and equity opportunity . Hurry ! Prime location in the vibrant heart of northeast LA, approximately 10 min. away from Downtown La , Pasadena , Highland park , restaurants , bars ,easy access to the metro and the 110 freeway . Front will be delivered Vacant.
Located in the Highly Sought -after Cypress Park neighborhood these 2 Large separate houses sit on a large lot of 7500 providing privacy and space for each household . Rear Residence (216 E. avenue ) is a 2 bedroom with Bonus room and Family room ,2 bathroom with a Detached 1 Car Garage. This residence is in move in condition , features a master bedroom , laundry hook ups, covered patio and a good size back yard. Front House (218 E. Avenue ) will be delivered VACANT and consist of a spacious 2 Bedroom 1 bathroom with a 2 car garage features hardwood floors throughout , large windows making it bright with natural light , front and back yard ,dog run and inside laundry hooks. Property is a Diamond in the rough , perfect for an Owner-user looking to build sweat equity fast and or the seasoned investor looking for a High rental yield . This property represents a significant value-add and equity opportunity . Hurry ! Prime location in the vibrant heart of northeast LA, approximately 10 min. away from Downtown La , Pasadena , Highland park , restaurants , bars ,easy access to the metro and the 110 freeway . Front will be delivered Vacant.
Location
State CA
County Los Angeles
Area Los Angeles (90031)
Zoning Assessor
Interior
Cooling Other/Remarks
Appliance Combination Heating
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $38
Acceptable Financing Conventional, FHA, Land Contract
Space Rent $850
Listing Terms Conventional, FHA, Land Contract
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Keller Williams Realty
GET MORE INFORMATION
Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878