La Crescenta, CA 91214,4133 La Crescenta AVE
La Crescenta, CA 91214,4133 La Crescenta AVE
La Crescenta, CA 91214,4133 La Crescenta AVE
$2,100,000
Est. payment /mo
$4,900,000
57.1%
Est.Price: ?

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0.42 Acres Lot
SOLD DATE : 12/10/2019

Key Details

Sold Price $2,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-105

MLS Listing ID 319000445

Sold Date 12/10/19

HOA Y/N No

Year Built 1959

Lot Size 0.417 Acres

Property Description

Amazing opportunity to own a gem in La Crescenta area walking distance to Blue ribbon La crescenta Elementary school and Crescenta Valley High school. This building was constructed in 1959 and consists of 14 2+1 units with a beautiful swimming pool. This asset has 12,030 SQFT of improvement over a 18,174 SQFT lot and there are 14 car port and 3 surface parking on the premises. Majority of the units have been remodeled with hardwood flooring, newer kitchen cabinets with granite/quartz counter tops, ceramic wall and floor tiles in bathroom and kitchen, wall type heating and air conditioning. The property has a historically high occupancy rate due to its proximity to the great public schools, ideal for families seeking 2-bedroom apartments. The roof and windows have been replaced in the recent past and the plumbing and electrical are in great operation shape. The new owner can take over and achieve an above market return gradually as units turn in due time and as such will not'' be affected by the pending County of Los Angeles Rent control discussions.

Location

State CA

County Los Angeles

Area 635 - La Crescenta/Glendale Montrose & Annex

Zoning LCR1*

Interior

Interior Features Ceiling Fan(s)

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace No

Laundry Common Area

Exterior

Garage Assigned, Covered, Detached Carport

Pool Community, In Ground

Community Features Pool

View Y/N No

Roof Type Asbestos Shingle

Parking Type Assigned, Covered, Detached Carport

Total Parking Spaces 17

Private Pool No

Building

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

Tax ID 5610020049

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Assumed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by George Yessaie • JohnHart Real Estate
Bought with George Yessaie • JohnHart Real Estate

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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