$2,600,000
$2,699,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 02/13/2025
Key Details
Sold Price $2,600,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD25033595
Sold Date 02/13/25
HOA Y/N No
Year Built 1995
Lot Size 0.275 Acres
Property Sub-Type Apartment
Property Description
10 UNIT BUILT 1995. ACROSS FROM KEDREN COMMUNITY AND HEALTH CARE CLINC. THE AREA HAS IMPROVED SUBSTANTIALLY AND CONTINUING TO IMPROVE YEAR BY YEAR. LARGE UNITS WITH 18 TANDEM PARKING. CAPITAL IMPROVEMENTS IN 2023. ACTUAL 7 CAP SEE ATTACHED SUPPLEMENT. $269K PER UNIT & $276 PSF. THE PROPERTY WAS APPRAISED IN 2019 BY MALAGA BANK @ $2.8M WHEN GROSS RENT WAS $208K. PLEASE DO NOT DISTURB THE TENANTS. LISTING AGENT IS THE OWNER. LAUNDRY ROOM HAS W/D HOOK UP READY FOR NEW LAUNDRY MACHINES.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Parking Features Assigned, Tandem, Uncovered
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 18
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5115006035
Energy Description 4440.0
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Sky Minor • Sky Minor, Broker
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