$1,570,000
$1,585,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
7,365 Sqft Lot
SOLD DATE : 06/26/2019
Key Details
Sold Price $1,570,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 319000545
Sold Date 06/26/19
HOA Y/N No
Year Built 1965
Annual Tax Amount $19,812
Lot Size 7,365 Sqft
Property Description
Superb opportunity to own a residential income property in a highly desirable area. Less than a 5 minute drive to the shops on Honolulu, award winning schools, and close proximity to freeways and local amenities. All units have 2 dedicated parking spaces, in-unit laundry for all units, 2/3 units extensively upgraded, copper plumbing, new windows, larger sized units, and unbeatable unit mix (two 2's and one 4 bedroom!). Best Cap rate deal (4.6%) for comparable properties in comparable condition. Property is truly unique and a great buy for the local investor, with a strong rental demand, high rental rate market, and larger units, and excellent school district, this property will outperform!
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale Montrose & Annex
Zoning GLR2YY
Interior
Interior Features Ceiling Fan(s), Dumbwaiter, Elevator, Pantry
Heating Natural Gas
Cooling Evaporative Cooling, Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type Decorative, Family Room, Gas
Fireplace Yes
Appliance Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Range Hood, Vented Exhaust Fan, Water To Refrigerator, Washer
Laundry Gas Dryer Hookup, Stacked
Exterior
Garage Carport, Detached Carport, One Space
Carport Spaces 3
View Y/N Yes
View Mountain(s)
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard, Landscaped
Faces North
Story 2
Entry Level Two
Foundation Combination
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories Two
New Construction No
Others
Tax ID 5607003010
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jason Kim • Dream Realty La Crescenta