$915,000
$899,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
5,201 Sqft Lot
SOLD DATE : 02/06/2025
Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PT24252328
Sold Date 02/06/25
HOA Y/N No
Year Built 1964
Lot Size 5,201 Sqft
Property Description
5847 Denver is a well-maintained 4-unit apartment complex located in Los Angeles. The property features four spacious two-bedroom, one-bath units, each with in-unit washers and dryers for tenant convenience. Situated on a 5,198 square foot lot, the building is low maintenance and generates steady cash flow, with tenants paying all utilities except for water.
There are plans available to add two additional units, offering significant value-add potential for investors. The property offers excellent potential for upgrades and value-add opportunities, with plans available to add two additional units. The well-maintained units provide stable income, making this an ideal investment for buyers seeking long-term growth in a desirable neighborhood
This is a great opportunity for first-time buyers, or experienced investors looking for a property that provides stable income and long-term growth potential. Properties in this desirable neighborhood rarely come to market, making this an excellent chance to acquire a high-performing asset. Don't miss out!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Wall Furnace
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features None
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6004034007
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
![Tony English](https://cdn.chime.me/image/fs/user-info/202368/9/w600_original_b0526428-d12e-4a28-8e37-a5aeafd80249-png.webp)
Our team is ready to help you sell your home for the highest possible price ASAP
![California Regional MLS (CRMLS)](https://cdn.chime.me/image/fs01/agnentinfo/20170306/22/h600_original_12779640049122169-png.webp)
Bought with Vincent Cook • Kidder Mathews of California, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "