Los Angeles, CA 90042,215 S AVENUE 58 S

$535,000

Est. payment /mo

$499,000

7.2%
Est.Price: ?

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215 S AVENUE 58 S Los Angeles, CA 90042

7,013 Sqft Lot

SOLD DATE : 03/14/2014

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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California Regional MLS (CRMLS)
Listed by Ken Shapiro • Silverwood Properties
Bought with VIDAL REYNA • MERIT CAPITAL REAL ESTATE
agent

Jose Ramos

License ID: 02113435

+1(562) 512-5779

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