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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24199372
Sold Date 11/26/24
HOA Y/N No
Year Built 1987
Lot Size 5,540 Sqft
Property Description
Discover a prime investment opportunity with this well-maintained 4-unit residential property built in 1987! This property offers a desirable unit mix with 3 spacious 2-bedroom, 2-bathroom units and 1 efficient 1-bedroom, 1-bathroom unit. Each 2-bedroom unit has 2 assigned carport spaces, and the 1-bedroom unit has an attached 2-car garage, providing ample parking for all tenants (8 total secured parking spaces). The property currently generates a steady rental income of $8,800 per month with all 4 units eligible for a rent increase (property is subject to AB 1482, and no local rent control). There is also a community laundry room for additional income. Don't miss out on this exceptional investment opportunity!
Location
State CA
County Los Angeles
Area 110 - East Hawthorne
Zoning HAR3*
Interior
Heating Wall Furnace
Fireplace No
Appliance Dryer, Washer
Laundry Common Area
Exterior
Parking Features Carport, Garage, Gated
Garage Spaces 2.0
Carport Spaces 6
Garage Description 2.0
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4052011018
Energy Description 780.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Victoria Babilonia • Re/Max Estate Properties
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256