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Key Details
Sold Price $1,460,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22240413
Sold Date 03/09/23
HOA Y/N No
Year Built 1954
Lot Size 6,237 Sqft
Property Description
Located in a quiet, residential area bordering Monterey Park and Montebello, this well kept, low maintenance apartment building features five comfortable units: one sunny 2-bedroom front apartment with large picture windows overlooking the garden, and two one-bedroom apartments on the ground level and two above the four spacious garages.
Key Points:
• One turnkey apartment is ready for you to select your own tenant and price at market rate or to keep as an owner-occupied unit.
• Ground level units have updated kitchens featuring granite counter tops, newer cabinets, and light fixtures as well as ceiling fans in either the bedroom, living room or kitchen.
• All units include laundry facilities or service porches either within the apartment or just below their unit (currently used for storage by management).
• Bathrooms have been updated with tile, vanity, and light fixtures in three units.
• Building is located in Unincorporated Los Angeles and is not bound by Los Angeles CITY rent control although subject to Los Angeles County rental laws.
• The development of ADU(s) in the current garage spaces to be considered by investor with verification by the Planning Department.
• Easy access to bus and Metro L (Gold) line and proximity to Downtown Los Angeles, Dodger Stadium, several universities and shopping areas. Although highly desirable now, the location will likely increase its appeal due to the upcoming 2028 Olympics in Los Angeles.
• Landscaping and plants have been modified for reduced water needs and minimal gardening, watering or maintenance requirements.
• Newer windows in most of the ground level units.
• Security cameras in place to monitor the building remotely.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCC3*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6341003044
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Trust
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Bought with Michael Fukashima • KW Commercial