Highland Park, CA 90042,6901 N Figueroa ST

$753,000

$778,000

3.2%
Est.Price: ?

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Est. payment /mo

6,969 Sqft Lot


SOLD DATE : 12/31/2014

Key Details

Sold Price $753,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS14213817

Sold Date 12/31/14

HOA Y/N No

Year Built 2009

Annual Tax Amount $2,689

Tax Year 2013

Lot Size 6,969 Sqft

Property Description

3 Units on 2 Parcels located at 6901 & 6905 N. Figueroa St., Highland Park. Great Investment! Major renovation and updated in 2009 including New Roof, New Electrical, New Plumbing to copper pipes, and part of sewer lines. It is a Commercial & Residential mixed use Income Property. It consists of A Convenience store with a Restaurant on street front with 10 years lease in place; 4 bedrooms/2 baths on second level; a STUDIO on lower level. Convenience Store has Beer and Wine License, lottery. Collecting combined rent of $4900 a month. Tenants pay for their own gas, electricity, water & trash. What a deal! Very well maintained with Owner's pride. Property situates at a signalized corner location in front of bus stop. Centrally located. Close to South Pasadena. Near Downtown Los Angeles, USC Medical Center, Chinatown, LA Union Station, Dodger Stadium, Rose Bowl Stadium etc... Great Income! Huge potential!

Location

State CA

County Los Angeles

Area 632 - Highland Park

Interior

Fireplace No

Building

Lot Description 0-1 Unit/Acre

Water Public

Others

Tax ID 5480001017

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Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by IRIS SUK-YI LAM • KO TAI REALTY
Bought with LOUIE YEH • KO TAI REALTY

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