La Canada Flintridge, CA 91011,2159 La Canada Crest DR
La Canada Flintridge, CA 91011,2159 La Canada Crest DR
La Canada Flintridge, CA 91011,2159 La Canada Crest DR
$2,385,000
Est. payment /mo
$2,500,000
4.6%
Est.Price: ?

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8,807 Sqft Lot
SOLD DATE : 01/03/2023

Key Details

Sold Price $2,385,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW22215192

Sold Date 01/03/23

HOA Y/N No

Year Built 1962

Lot Size 8,807 Sqft

Property Description

2159 La Canada Crest Dr. is a charming, well-maintained 5-unit apartment building located in the coveted La Canada Flintridge submarket. With limited apartment stock, great schools and a robust job market, this opportunity is a one of a kind for investors seeking to own in one of the nation's most prized cities.

The units are spacious, clean and well laid-out. All units have two bedrooms and one bathroom. Two of the units have an additional half bath. Unit features include some updated appliances, hardwood floors and large outdoor patios with panoramic hillside views.

The Building sits on the corner of La Canada Plaza Rd and La Canada Crest Dr. It is right off the main drag of Foothill Blvd where all the dinning, shopping and entertainment one could enjoy. Easy access to the 2 and 210 freeways. Very short drives to USC Verdugo Hills Hospital, Keck Medicine of USC, JPL and La Canada Flintridge Country Club. Tenants will also have an array of outdoor recreation activities at their disposal with many parks, trailheads, and campsites located in all the surrounding mountain ranges.

Investment opportunities in the area are fare and few between as one to two transactions take place in the apartment market here on a yearly basis.

Location

State CA

County Los Angeles

Area 634 - La Canada Flintridge

Zoning LFR3*

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, Inside, Laundry Room

Exterior

Garage Attached Carport

Carport Spaces 5

Pool None

Community Features Foothills, Golf, Hiking, Near National Forest

Parking Type Attached Carport

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5810015007

Energy Description 630.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Rickird Rey Ramirez • Ally Commercial Real Estate
Bought with Albert Babayan • 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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