$925,000
$989,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
6,502 Sqft Lot
SOLD DATE : 07/25/2023
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23090998
Sold Date 07/25/23
Bedrooms 6
HOA Y/N No
Lot Size 6,502 Sqft
Property Description
CALLING ALL INVESTORS, RECENTLY UPGRADED TRIPLEX WITH POSITIVE CASH FLOW. This lovely triplex has been owned and operated by the same family since 1982. Investment ready turnkey property offers low maintenance and full occupancy with cooperative and reliable tenants. Located on a quiet residential cul-de-sac this three unit gem is ready for its new ownership. The front unit is a freestanding single family Craftsman, built in 1925 with tons of modern upgrades. Featuring 2 bedrooms and one full bath, enclosed porch and sun room. This historic home has new paint inside and out, whole house water filtration system, new flooring, newer roof, new plumbing, new wifi A/C window units and brand new water heater. The second building is a good sized duplex built in 1963. It is comprised of two 2 bedroom and 1.5 bath units. Boasting fresh paint inside and out, tile flooring downstairs and newer laminate flooring in both units upstairs. Both units have new low flow toilets, new wifi A/C units and new lighting. All three units are individually metered and each feature individual laundry hook ups, plus private patio areas. To the rear of the property is a 3 car garage with new garage doors offering each unit its own single car garage. This large rear garage may have the ability to be expanded by adding an ADU. In addition to the garages there is more on site parking. Finally the exterior of the property has been recently equipped with new outdoor solar lighting and new fire extinguishers. Centrally located to the 105, 710 and 91 freeways, plus blocks just from Plaza Mexico, restaurants, s
CALLING ALL INVESTORS, RECENTLY UPGRADED TRIPLEX WITH POSITIVE CASH FLOW. This lovely triplex has been owned and operated by the same family since 1982. Investment ready turnkey property offers low maintenance and full occupancy with cooperative and reliable tenants. Located on a quiet residential cul-de-sac this three unit gem is ready for its new ownership. The front unit is a freestanding single family Craftsman, built in 1925 with tons of modern upgrades. Featuring 2 bedrooms and one full bath, enclosed porch and sun room. This historic home has new paint inside and out, whole house water filtration system, new flooring, newer roof, new plumbing, new wifi A/C window units and brand new water heater. The second building is a good sized duplex built in 1963. It is comprised of two 2 bedroom and 1.5 bath units. Boasting fresh paint inside and out, tile flooring downstairs and newer laminate flooring in both units upstairs. Both units have new low flow toilets, new wifi A/C units and new lighting. All three units are individually metered and each feature individual laundry hook ups, plus private patio areas. To the rear of the property is a 3 car garage with new garage doors offering each unit its own single car garage. This large rear garage may have the ability to be expanded by adding an ADU. In addition to the garages there is more on site parking. Finally the exterior of the property has been recently equipped with new outdoor solar lighting and new fire extinguishers. Centrally located to the 105, 710 and 91 freeways, plus blocks just from Plaza Mexico, restaurants, shops and more. This income producing gem with not last long, so submit your best offer today!
Location
State CA
County Los Angeles
Area Lynwood (90262)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Exterior Feature Stucco, Wood
Garage Unit1:Assigned
Roof Type Composition,Rolled/Hot Mop
Building
Lot Description Cul-De-Sac, Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $78
Acceptable Financing Cash, Conventional
Space Rent $2,000
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Astrid Chaidez • Century 21 Realty Masters