$1,360,000
$1,500,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 11/01/2021
Key Details
Sold Price $1,360,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS21142538
Sold Date 11/01/21
Construction Status Repairs Major
HOA Y/N No
Year Built 1949
Lot Size 0.392 Acres
Property Description
Rare opportunity to own 6 units on a HUGE 17,000+ sqft flat lot with 5 vacant units! Fixer, cash only. 2653 Pasadena Ave in Lincoln Heights, Los Angeles has a total of 3 buildings with 5,827 sqft of living space. Rear building has four attached single-story 1 bed/1 bath units (2,808 sqft) with extensive fire damage and is uninhabitable. The front building is a small office (432 sqft) with a half bath and has potential to be converted to residential (Buyer to verify w/ the city). In the middle sits a single-family home (2,587 sqft) that is currently tenant-occupied and being used as 2 units. Rear building has an attached 2-car garage and communal laundry room. There is an additional 10 uncovered spaces. 8 electrical meters, 8 gas meters, and 1 water meter. Centrally located in Lincoln Heights and close to DTLA, Pasadena, Highland Park with easy access to the 5 and 110 freeways.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LAC2
Interior
Fireplace No
Laundry Common Area, Inside
Exterior
Garage Driveway, Garage, Tandem, Uncovered
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks, Urban
View Y/N No
View None
Parking Type Driveway, Garage, Tandem, Uncovered
Total Parking Spaces 12
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Construction Status Repairs Major
Others
Senior Community No
Tax ID 5205020018
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with MARIBEL BENITEZ • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "