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Key Details
Sold Price $1,355,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV19027677
Sold Date 11/18/19
HOA Y/N No
Year Built 1962
Lot Size 0.570 Acres
Property Description
DONT MISS THIS GREAT BUY JUST REDUCED TO SELL GREAT OPPORTUNITY TO OWN A HOME BELOW MARKET COMPS. GREAT INCOME PROPERTY! 4 Single family homes that share one apn number. Homes this size in Baldwin Park are renting out as high as 2500 a month. You have 4 beautiful single family homes which are not attached this is a unique property they share one apn number which makes them a fourplex but they are actually 4 single story homes which are identical each has 3 bedrooms 2 baths 1200 square feet single family homes, complete with fireplaces, washer and dryer hook ups, 2 car garages. Low Maintenance front yards and fenced back yards for entertaining or for pets or children. The homes are down the driveway in the rear of the property away from the noise and traffic of the street. It is the perfect place to raise a family. In fact owners report there have been several tenants who have lived there over 20 years raising their families with their average tenancy was over 7 years. NO RENT CONTROL APPLIES. RENTS ARE BELOW AVERAGE RENTS IN THE AREA SELLERS HAVE NOT KEPT UP WITH RAISING RENTS SINCE THEY ARE OUT OF AREA AND IT WAS TO HARD AND TO DIFFICULT FOR THEM TO WORK ON VACANCIES SINCE THEY ARE OUT OF STATE.
Location
State CA
County Los Angeles
Area 608 - Baldwin Pk/Irwindale
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Flooring Tile
Fireplaces Type Living Room
Fireplace Yes
Laundry Washer Hookup, Inside
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Street Lights
Utilities Available Sewer Connected
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Landscaped
Story One
Entry Level One
Sewer Public Sewer
Water Private
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8544025029
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Henry Loh • Remax Universal Realty
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692