$2,500,000
$2,500,000
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18 Beds
12 Baths
6,444 SqFt
SOLD DATE : 08/13/2024
Key Details
Sold Price $2,500,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,444 sqft
Price per Sqft $387
MLS Listing ID 24395811
Sold Date 08/13/24
Bedrooms 18
HOA Y/N No
Year Built 2017
Lot Size 8,942 Sqft
Property Description
Offering a tremendously unique investment opportunity with additional upside with 2 ADU RTI!! Located in heart of LA's Eastside "blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro & bus transportation, shopping, services, & dining. Introducing a Newer 2017 Built Charming Craftsman-Style 6-Plex consisting of three Duplexes + 2 ADU RTI Permits. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are gated and secure. Professionally landscaped offering optimal outdoor living space to enjoy leisurely living. Each upper unit has its own private balcony with views.Interiors are designed with an open floor plan with high vaulted ceilings, showroom kitchen and finishes, and tons of natural light! Fully occupied. Above average 6.9 % Cap Rate for LA with immediate added income via upside in rents and 8.1% Cap Rate with ADU build outs to generate a massive $268,500 Gross Annual Income. Additional photos/info visit: LiveOnPercy.com
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD1.5
Interior
Interior Features Cathedral Ceiling(s), Open Floorplan
Heating Forced Air, Natural Gas
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry Stacked
Exterior
Exterior Feature Rain Gutters
Parking Features Assigned, Garage, Paved, One Space, Tandem
Total Parking Spaces 12
Building
Lot Description Front Yard, Landscaped, Yard
Story 2
Entry Level Two
Foundation Block
Sewer Other
Water Public
Architectural Style Craftsman
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5188008010
Security Features Carbon Monoxide Detector(s),Fire Detection System,24 Hour Security,Smoke Detector(s)
Special Listing Condition Standard
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Bought with NINGNING FAN Pinnacle Real Estate Group
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