$2,000,000
$2,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 10/08/2024
Key Details
Sold Price $2,000,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24086084
Sold Date 10/08/24
HOA Y/N No
Year Built 1952
Lot Size 0.456 Acres
Property Description
Offers due by May 17th! 8 homes on a large 19,846 sqft corner lot. 229 E
219th St can be delivered fully vacant at close of
escrow for a buyer to either renovate the existing
homes, demolish and rebuild townhomes,
apartments, or create a small lot subdivision for
homes. The unit mix is comprised of (4) 2-Bed/1-
Bath and (4) 1-Bed/1-Bath units. Each unit has a
private yard. 229 E 219th St is located off Main St
and Carson St, which is conveniently situated
near the 110 and 405 freeways giving any tenants
or future owners easy access to get around the
city. Upon stabilization, the property will operate
at a 8.00% CAP and 8.86 GRM.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning CARM12U&D*
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Urban
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7335003034
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.