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$ 1,135,000
Est. payment | /mo
9,212 Sqft Lot
$ 1,135,000
Est. payment | /mo
9,212 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID GD24142204
HOA Y/N No
Year Built 1920
Lot Size 9,212 Sqft
Property Description
This five-unit apartment complex in desirable Montecito Heights. With a 4 units 2-story apartment, featuring a first-floor unit with 3 bedrooms and 1.5 baths. The second floor includes units #3 and #4, each with 1 bedroom and 1 bath, and unit #5 is a studio with 1 bath. Additionally, the property includes a separate single-family residence (SFR) with 2 bedrooms and 1 bath and a detached four-car garage. The building boasts ample parking and sits on a large lot with ample room for growth. Additionally, it includes a separate storage building known as the "Jesus Set Me Free" blue building. Situated close to the Rio de Los Angeles State Park, an urban green space featuring hiking trails. athletic fields, playground a recreation center. The historic Lummis Home and Heritage Square Museum are unmatched cultural sites. The property offers easy access to the 5 and 110 freeways, making downtown and Dodger Stadium easily reachable, with popular restaurants like La Abeja Restaurant and King Taco nearby. This property is perfect for investors looking to expand their portfolio, this property offers significant upside for investors looking to expand their portfolio in a thriving neighborhood. Whether for rental income or owner-occupied investment, this property in Montecito Heights promises both financial rewards and a comfortable living environment for residents.
Location
State CA
County Los Angeles
Area 679 - Montecito Heights
Zoning LARD2
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Hiking, Mountainous, Park, Street Lights, Sidewalks, Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5451002013
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Eddy Chavarria • Las Casas Realty, Inc. • 323-309-7698