$1,425,000
$1,450,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 08/24/2020
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW20056369
Sold Date 08/24/20
HOA Y/N No
Year Built 1997
Lot Size 0.380 Acres
Property Description
100% RENT COLLECTIONS FOR APRIL 2020
The property consists of four single-family homes and a duplex on a large 0.38-acre lot and offers a highly desirable unit mix: one three-bedroom house, three two-bedroom houses, and two two-bedroom units. The four rear units were constructed in 1997, and the two front units were constructed in 1947. All units are separately metered for gas and electricity, and the front house is separately metered for all utilities. The property also features six double-car garages, a rooftop deck above one of the garages, and on-site laundry; current machines are owned by the seller.
6703 Vinevale Avenue is located in the densely populated Southeast L.A. submarket, where vacancy is low - 1.6 percent within one mile of the subject property- and recent quarters have seen rent growth higher than the metro average.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning BLR3YY
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Urban
Total Parking Spaces 12
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6326011013
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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 William Mulkey • TR Wealth Management Inc.
GET MORE INFORMATION
Broker Associate | Lic# 00870450