Description
We are pleased to present a remarkable 4-unit multi-family asset located in a highly desirable investment area of east los angeles. nestled near the renowned citadel outlets shopping center and just a few blocks away from the city of montebello, this is a great investment and 1031 exchange opportunity that you don't want to miss! this amazing 4 units quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). the property also includes a private laundry room, separate meters, and a detached 4-car garage. spanning over 5,500sf corner lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% upside in rental income. with its combination of desirable layout, prime location, and value-add potential, this asset is poised to deliver exceptional returns to its new owner. this won't last! one of the unit will be vacant!!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46595543
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1955
- Building Area Total: 3,032
Pool Features
- None
Laundry Features
- Common Area,Laundry Room
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1298
- Lot Size Source: Assessor
- Lot Size Square Feet: 5653
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Listing Information
Listing Price Information
- Original List Price: 925,000
- Listing Contract Date: 2024-08-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 6339006006
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: 699 - Not Defined
- Directions: cross street: E Olympic Blvd/Simmons Ave
- Zoning: LCR3YY
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Quadruplex
Building and Construction
- Property Age: 69
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: Ground level with steps
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 12/21/2024 @ 22:55
- MLS: WS24164222
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is recently sold, it has 3,032 sqft, 5,653 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of East Los Angeles , in zip code 90022, this Los Angeles County Home are nearby neighborhoods.