$1,330,000
$1,388,888
4.2%For more information regarding the value of a property, please contact us for a free consultation.
7,535 Sqft Lot
SOLD DATE : 06/19/2014
Key Details
Sold Price $1,330,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS14102738
Sold Date 06/19/14
HOA Y/N No
Year Built 1988
Tax Year 2013
Lot Size 7,535 Sqft
Property Description
FIRST TIME ON THE MARKET FOR OVER 25 YEARS. ORIGINAL OWNER BUILT IN 1988. SUPER CONVENIENT LOCATION. CLOSE TO DOWNTOWN LA, CHINATOWN, DODGER STADIUM, HOLLYWOOD. MINUTES WALK TO ECHO PARK LAKE, SUNSET BLVD AND ALL KINDS OF SHOPS. HUGE UPSIDE POTENTIAL. RENTS ARE WELL BELOW MARKET. EXCELLENT LONG TERM TENANTS WITH MONTH-TO-MONTH LEASE. PROPERTY IS IN GOOD CONDITION. PROPERTY CONSISTS OF 2 SEPARATE BUILDINGS. FRONT BUILDING ENTERS FROM ECHO PARK BLVD CONSISTS OF 4 BEDROOMS AND 3 BATHS WITH 3 CAR ATTACHED GARAGE. DEN CAN BE USED AS THE FIFTH BEDROOM. BACK BUILDING ENTERS FROM LAGUNA AVE AND CONSISTS OF 2 UNITS, EACH WITH 3 BEDROOMS AND 2 BATHS WITH AN ATTACHED 3 CAR GARAGE. AMPLE OF PARKING SPACES ON SITE. SOUTH FACING. PROPERTY IS STRICTLY SOLD "AS IS" WITHOUT ANY IMPLIED OR EXPRESSED WARRANTY. SELLER WILL NOT RELOCATE TENANTS. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB THE OCCUPANTS. THEY WILL CALL THE POLICE IF YOU WALK ON THE PROPERTY. PLEASE RESPECT THE PRIVACY OF THE TENANTS. STRICTLY DRIVE BY ONLY AND OFFER SUBJECT TO INTERIOR INSPECTION.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Fireplace No
Exterior
Garage Assigned
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Urban
Utilities Available Sewer Connected
Parking Type Assigned
Total Parking Spaces 10
Private Pool No
Building
Faces South
Story Three Or More
Entry Level Three Or More
Water Public
Level or Stories Three Or More
Others
Senior Community No
Tax ID 5404020011
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Jeffrey Kohn • Century 21 Crest
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "