$535,000
$499,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
215 S AVENUE 58 S Los Angeles, CA 90042
7,013 Sqft Lot
Key Details
Sold Price $535,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 13724665
Sold Date 03/14/14
HOA Y/N No
Year Built 1908
Lot Size 7,013 Sqft
Property Description
It's not often these days one can find a good income property in L.A. (let alone Northeast L.A.!!) in very good condition in a good location that actually cash flows. But that is exactly what you've got here with this duplex! It has been newly renovated, is being delivered vacant. It is two-on-a-lot, so no common walls, tons of yard and tons of parking. With the (projected) rents, with a standard 25% down conventional loan, you are looking at approximately 13.5% cash on cash return! Or, live in one and rent the other and live practically free each month
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD2
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Appliance Exhaust Fan, Refrigerator
Exterior
Parking Features Driveway, Uncovered
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story One
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5492010019
Special Listing Condition Standard
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Bought with VIDAL REYNA • MERIT CAPITAL REAL ESTATE