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$1,750,000
Est. payment /mo
10 Beds
7 Baths
4,471 SqFt
UPDATED:
12/05/2024 05:23 AM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,471 sqft
Price per Sqft $391
MLS Listing ID 24453827
Bedrooms 10
HOA Y/N No
Year Built 1956
Lot Size 6,612 Sqft
Property Description
This Is a Money Maker! Fully Rented 6-Unit Apartment Building. Discover a prime investment in this well-maintained two-story, six-unit apartment building, generating impressive monthly income of $13,000. The garage is kept for owner storage and could be rented for even more income. With the potential to increase revenue by several thousand more through assistance programs, this property is a lucrative opportunity for any investor. The building features: Unit Composition:1 spacious 3-bedroom, 2-bath apartment2 comfortable 2-bedroom, 1-bath apartments3 cozy 1-bedroom, 1-bath apartments. Each unit is adorned with elegant hardwood or bamboo flooring, creating a warm and inviting atmosphere. The property includes a lovely, enclosed courtyard, perfect for relaxation and community enjoyment. Additional highlights: Parking: Four dedicated carport spaces, with one assigned to each apartment, plus a two-car garage currently utilized for storage by the owner. Location: Centrally situated near the 405 and 101 freeways, just blocks from Los Angeles Valley College, ensuring high demand and easy access for tenants. This property not only offers solid cash flow but also presents opportunities for increased income through strategic enhancements. Don't miss your chance to invest in this exceptional asset!
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Disposal, Refrigerator, Dryer, Washer
Exterior
Parking Features Attached Carport, Door-Multi, Driveway, Garage
Garage Spaces 2.0
Carport Spaces 4
Garage Description 2.0
Attached Garage Yes
Total Parking Spaces 8
Building
Entry Level Two
Architectural Style Contemporary
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2329023009
Special Listing Condition Standard
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Listed by Miguel Gonzalez • eXp Realty of California Inc