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Key Details
Sold Price $2,495,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,156 sqft
Price per Sqft $483
MLS Listing ID P1-12350
Sold Date 03/29/23
HOA Y/N No
Year Built 1985
Lot Size 8,664 Sqft
Acres 0.1989
Property Description
A rare opportunity to purchase 5 units multifamily investment property located in prime Montrose location.Built in 1939 front house and 1985 back 4 units, the building has an exceptional unit mix of (1) 2+1 front house, (2) 2+2, (2) 3+2, situated on a +/-8,665 SF of land. The property features spacious and updated units, +/-5,156 SF building size, central A/C and heating, balconies, fireplaces and 10 covered car parking spaces.The property is in pristine condition and has a great curb appeal, separate gas and electric meters and copper plumbing.It's located in a much desired prime rental location, walking distance to Old Town Montrose Village attractions. View attached marketing brochure.
Location
State CA
County Los Angeles
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Central
Cooling Central Air
Fireplace Yes
Laundry Common Area
Exterior
Garage Covered
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Parking Type Covered
Total Parking Spaces 10
Private Pool No
Building
Lot Description Sprinklers None
Others
Senior Community No
Tax ID 5807006059
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Hovik Avanessian • Remax Optima
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