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Key Details
Sold Price $1,658,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,341 sqft
Price per Sqft $310
MLS Listing ID OC24155867
Sold Date 08/06/24
Bedrooms 12
Full Baths 4
Three Quarter Bath 4
HOA Y/N No
Year Built 1989
Lot Size 9,265 Sqft
Property Description
Attention Investors, here's a solid opportunity you don't want to miss- A rare find that could be the gem of your real estate portfolio! Units have an incredible 3 bedrooms and 2 baths, each with its own laundry in a beautiful double story layout. The current rents are way below the area's average and three out of the four tenants are on Section 8. Don't miss the chance to own this extraordinary income-producing property located in the County of Los Angeles. Opportunities like these are scarce, so act promptly! Units could use updating as tenants have been there quite a long time. Property sold As-Is.
*Update- Tenants are moving out so the property can have maximum benefit to you and can be rented out for the proper amount and not below market rents like it is currently. Call for details! Amazing opportunity!
Location
State CA
County Los Angeles
Area M1 - Norwalk
Zoning LAR-3*
Rooms
Ensuite Laundry Inside
Interior
Interior Features All Bedrooms Up
Laundry Location Inside
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Garage, Off Street
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Street Lights
View Y/N No
View None
Parking Type Garage, Off Street
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Norwalk - La Mirada
Others
Senior Community No
Tax ID 8056009042
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Sharon Sharma • Sharon Sharma, Broker