We are pleased to present a three (3) unit apartment building located in Los Angeles, California. The subject property is situated in a good East Los Angeles location, south of Whittier Boulevard and west of S Downey Road. Built in 1956, this property consists of an ideal unit mix of two (2) two-bedroom / one-bathroom units, and one (1) three-bedroom / one-bathroom house. All of the units have been recently renovated with hardwood flooring, new countertops, appliances, and in-unit washer and dryer machines. The two-bedroom units also feature a spacious den. The property is also gated and secure. The property is equipped with three (3) on-site parking spaces including two (2) garage spaces that can potentially be converted into multiple ADU units. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Lupe's Burritos, Regency Commerce, Pacific French Bakery, Nike Community Store, and Salazar Park. Positioned in a good East Los Angeles Location, this offering presents an exceptional opportunity for an investor to capitalize on a triplex with incredible initial cash flow and qualifies for 30-year fixed residential financing.
DAYS ON MARKET
|
87
|
LAST UPDATED
|
12/23/2024
|
YEAR BUILT
|
1956
|
COMMUNITY
|
East Los Angeles
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
Prior to Dec 23, '24
|
$1,299,000
|
Dec 23, '24 - Today |
$1,195,000 |
APPLIANCES |
Dishwasher, Dryer, Refrigerator, Washer |
AREA |
East Los Angeles |
GARAGE |
Assigned, Door-Single, Driveway, Garage, Private, Yes |
HEAT |
Wall Furnace |
LOT |
7200 sq ft |
LOT DESCRIPTION |
No Landscaping, Rectangular Lot, Yard |
PARKING |
Assigned,Door-Single,Driveway,Garage,Private |
STORIES |
1 |
VIEW |
Yes |
VIEW DESCRIPTION |
City Lights |
ZONING |
LCR4YY |
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Listed with Marcus & Millichap
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Based on information from California Regional Multiple Listing Service, Inc. as of 1/12/25 3:55 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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