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Key Details
Sold Price $2,950,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23095423
Sold Date 08/22/23
Construction Status Turnkey
HOA Y/N No
Year Built 2022
Lot Size 6,594 Sqft
Property Description
LOCATION, LOCATION, LOCATION!! Here is your Big Opportunity $300,000 price reduction!! Great Gem "2022 Built" The property is built in Townhouse Style, which could be a future benefit if each unit was sold individually. The total building size is 7443 SF. on a 6963 Lot size. Building #1 Consists of 3,819 Sf. Building #2 consists of 3624 Sq Ft. All units are Tri-level.
#1821 has 5 bedrooms 5 baths, and inside laundry, it comes with 2 parking spaces.. #1821 1/2 has 5 bedrooms, 4 baths, and laundry inside the attached 2-car garage.
#1823 has 5 bedrooms 5 baths, inside laundry, and 2 parking spaces. #1823 1/2 has 5 bedrooms, 5 baths, inside laundry, and comes with 2 car garage attached.
The property has a total of 2 double-car garages and a total of 4 extra parking spaces available, and all units come equipped with separate electric, gas, and water meters. Additionally, there is a separate Electric House meter for the exterior lights, which could be utilized for a Future ADU. The estimated rent for each unit is $5500, and they are all outfitted with AC and forced heat, tankless water heaters, and appliances. The average unit size ranges from approximately 1800 to 1900 Sq Ft, and the zone is classified as LARD1.5 "4 Unit Building in Los Angeles 90006 Easy access to major Freeways, Restaurants, Transportation, Shops, USC, and a short distance to Korea Town, Downtown LA, Staples Center, LA Coliseum, and Sofi Stadium. Very low to no maintenance and the Potential for an ADU.
All units are ready to be leased and being advertised for lease as well for $5,500 per unit.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Interior Features Balcony, Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished, Wired for Data, All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s)
Heating Forced Air, High Efficiency
Cooling Central Air, High Efficiency
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Exterior Feature Lighting, Rain Gutters
Parking Features Assigned, Driveway Level, Garage, Garage Door Opener, One Space
Garage Spaces 4.0
Garage Description 4.0
Fence Good Condition, Wood
Pool None
Community Features Gutter(s)
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Rolled/Hot Mop
Accessibility Accessible Doors
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Faces East
Story 3
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5056016015
Security Features Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Security Gate,Smoke Detector(s),Security Lights
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, VA Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Hong Robert Yun • NET Properties
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