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Key Details
Sold Price $485,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Circle (Ca)
MLS Listing ID PW14124687
Sold Date 12/17/14
HOA Y/N No
Year Built 1958
Tax Year 2013
Lot Size 6,490 Sqft
Property Description
This property offers an outstanding opportunity for the savvy investor. Front house would make a perfect owner-occupied home - it is a 2 BD, 1 BA, with formal Dining Room, laundry room and loads of original Craftsman details. Its one car garage is detached and it includes a two car driveway. A good sized yard between the front house and the two 1 BD, 1 BA units in the rear is presently open to all, but could be split for private yard areas for each unit. The one BD units have off street parking in the alley for 4+ cars in the rear of property and can access their units from the rear. Current rents have been raised to market. The same tenants have been in residence for 12 and 22 years. All units are a little "tired" but with a little TLC, all their Craftsman style can shine! Clearly, the upside potential for this property is big!! Show your savvy investors!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Heating Floor Furnace, Wall Furnace
Flooring Carpet, Wood
Fireplace No
Laundry Gas Dryer Hookup, Laundry Room
Exterior
Garage Driveway, Garage, Off Street
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 7
Private Pool No
Building
Story 1
Entry Level One
Water Public
Level or Stories One
Others
Tax ID 7260018006
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Dara Chay • Sky View Real Estate
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130