$1,550,000
$1,499,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
6,080 Sqft Lot
SOLD DATE : 12/11/2020
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Bluff Park (Blf)
MLS Listing ID PW20210674
Sold Date 12/11/20
HOA Y/N No
Year Built 1968
Lot Size 6,080 Sqft
Property Description
Location! Location! Location! Bluff Heights Statewide Style 4-Plex building 4 blocks from the Ocean! The property consists of 4,591 rentable square feet consisting of (1) 3bd/2bth unit, and (3) 2bd/1bth units, and 5 single car garages. Units are large and spacious. 2 of the 4 units have been upgraded with new flooring and remodeled kitchens and bathrooms, the 2 other units have had new flooring installed. All electric building with separate meters. Low utilities as owner only pays water/sewer/trash. Community Laundry facility. Substantial upside in the rents. Dense rental market with low vacancy and strong income growth. Don't miss this amazing investment opportunity on an excellent location.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR2A
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7263009007
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Eric Britton • BerkshireHathaway HomeServices
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "