$950,000
$985,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
5,384 Sqft Lot
SOLD DATE : 03/15/2024
Key Details
Sold Price $950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240002197SD
Sold Date 03/15/24
HOA Y/N No
Year Built 1947
Lot Size 5,384 Sqft
Property Description
Fantastic opportunity to purchase and renovate a south bay triplex. This property is ideally located and has amazing value add potential. Strong upside potential in rents with renovations. First time on market in 76 years. The building boasts a strong Unit Mix of (2) 2 Bed/1 Bath Units and (1) 1 Bed/1 Bath unit, all in move-in condition. All (3) Units are separately metered for gas & electricity and each has (1) on-site Parking Space and (1) garage space. Property is strategically located within 2.5 miles of Space-X, 5 miles to SoFi stadium, and 4 miles to Manhattan beach. Property will be delivered in its current condition at the close of escrow. There is plenty of potential in this property since it has the garages, they could be converted to studios if one was advantageous. Bring your creativity and contractors. Seller asks that agents do not walk property without prior notice.
Location
State CA
County Los Angeles
Zoning LCR3YY
Interior
Heating Natural Gas, Radiant
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4144001002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Miguel Franco • 24 Hour Real Estate