$800,000
$975,000
17.9%For more information regarding the value of a property, please contact us for a free consultation.
7,000 Sqft Lot
SOLD DATE : 05/06/2022
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21198849
Sold Date 05/06/22
HOA Y/N No
Year Built 1939
Lot Size 7,000 Sqft
Property Description
Excellent investment opportunity with over 50% upside in rental income. Property is situated on a 7,000 Sq.Ft. lot and consists of Three 2-bedroom and 1-Bath. Property is well maintained. Back unit features updated flooring, countertops. This triplex offers plenty of outdoor patio space and garages making each unit feel like a home. Once stabilized, it has the potential to operate at a 7.21% CAP and 10.62 GRM.
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning LAR1
Interior
Fireplace No
Laundry None
Exterior
Garage Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7413010008
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Prashant Sampat • Pacific Avenue Realty