$1,340,000
$1,250,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,768 SqFt
SOLD DATE : 09/18/2024
Key Details
Sold Price $1,340,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,768 sqft
Price per Sqft $484
MLS Listing ID 24426670
Sold Date 09/18/24
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 8,049 Sqft
Property Description
We are pleased to present our newest exclusive listing in the trendy Highland Park neighborhood . The property is comprised of four units all 1bedroom/1bathroom units ( two which were built in 2008 and are loft style) . Those loft units are exempt from RSO rent control . The property boast a 91 Walkscore (Walkers Paradise) and is located only one block from Figueroa St, local bars, Starbucks, and more! The property is being offered at a 5.72% cap rate on entry rents and a 11.81 GRM. This investment is well suited for long term growth, upside in rents, and located in an extremely desirable Los Angeles neighborhood making it a perfect investment
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Disposal
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5493012025
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 Carlos Borraez • Keller Williams R. E. Services
GET MORE INFORMATION
Broker Associate | Lic# 00870450