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$975,000
Est. payment /mo
4 Beds
3 Baths
2,196 SqFt
UPDATED:
12/19/2024 05:53 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,196 sqft
Price per Sqft $443
MLS Listing ID 24454499
Bedrooms 4
HOA Y/N No
Year Built 1963
Lot Size 6,276 Sqft
Property Description
Multi-family dream site! This triplex is located in the Rose Hill neighborhood of Montecito Heights and is waiting for a new owner to maximize this property's potential. This street-to-street lot (Beryl St and Huntington Dr. N.) provides a great income opportunity or future development site (up to 7 units can be built - buyer to verify). It also suits an owner-investor who wants to live in one of the units while deriving income. Two units will be delivered vacant at the close of escrow, which means market rents can be immediately obtained. The middle unit will remain rented and is currently under rent control. There is ample parking for all the units as the property has driveways on either side. The property is located next to Rose Hill Rec Center and a short distance to Rose Hill Park. Furthermore, it's about 2 miles from USC Keck Medical, LA County Hospital, and about 5 miles from the Huntington Memorial Hospital and Pasadena. Other shops and restaurants are conveniently located in neighboring El Sereno and Highland Park and provide access to everything needed. The area is undergoing recent growth which includes several residential development sites nearby.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LARD3
Interior
Heating Wall Furnace
Flooring Laminate, Wood
Fireplace No
Appliance Dishwasher, Microwave, Range, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway
Pool None
Porch Brick
Total Parking Spaces 6
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5305032020
Special Listing Condition Standard
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Listed by Letty Vermeulen Hernandez • Aspire Los Angeles