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Key Details
Sold Price $708,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID Y1202220
Sold Date 11/06/12
HOA Y/N No
Year Built 1953
Lot Size 6,795 Sqft
Property Description
This is a well kept 9 unit complex located adjacent to Montebello in the County section of Los Angeles. According the the City there is no rent control because it's located in the county, but buyer's will need to verify this information. Property consists of 5 single units that should rent for $650-$700 per month,3 x One bedrooms that should be $850-$900 per month and the 1 two bedroom that is currenty at market value at $1100. Fully rented it should bring in over $7000 per month or around $82,000 a year, with that sort of income it's a bargain. Units also have a wash room, storage lockers and parking spots located in rear. Each unit has seperate gas and electric meters. This is an awesome price for a property in this location and condition so hurry and get your offers in before its to late.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Interior
Fireplace No
Exterior
View Y/N No
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Story Two
Entry Level Two
Sewer Unknown
Water Public
Architectural Style See Remarks
Level or Stories Two
Others
Senior Community No
Tax ID 6351008019
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Probate Listing
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Bought with Tim Cragoe • Re/Max Premier Prop Arcadia
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692