$863,000
$850,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/21/2017
Key Details
Sold Price $863,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC16740411
Sold Date 02/21/17
Construction Status Turnkey
HOA Y/N No
Year Built 1970
Property Description
This Four Unit Building with 6 One-Car Garages, and Large Courtyard is 100% Occupied and Performing! Four 3 Bed/ 1 Bath Units, each 1,020 Sq Ft, 2 upstairs and 2 downstairs. Unit#1 is Month to Month at $1,650/mo Unit#2 is Leased at $1,565, Unit#3 is Leased at $1,522 and Unit #4 is Leased at $1,450. This area has a high rental demand offering low vacancy rates and increasing rents. This property is Ideal for an Investor looking for a good ROI. Each unit has a 1 car garage with additional room for potential laundry income or rent out the 5th & 6th garage for additional income! Walkscore is 86 with Libraries, Art Museums & Galleries, Grocery Markets, Restaurants, and Parks nearby. Quick access to transportation. This is an Excellent Opportunity, Don’t Miss Out!
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR2N
Rooms
Ensuite Laundry See Remarks
Interior
Interior Features Open Floorplan
Laundry Location See Remarks
Heating Wall Furnace
Fireplace No
Laundry See Remarks
Exterior
Garage Garage
Garage Spaces 6.0
Garage Description 6.0
Fence Block, Security
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Accessibility No Stairs, Parking
Parking Type Garage
Total Parking Spaces 6
Private Pool No
Building
Sewer Public Sewer
Water Public
Construction Status Turnkey
Others
Senior Community No
Tax ID 7261027008
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Submit
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Marcos Ramirez • Keller Williams Pacific Estate
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "