$650,000
$698,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
3 Baths
2,186 SqFt
SOLD DATE : 10/22/2024
Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,186 sqft
Price per Sqft $297
MLS Listing ID 24404147
Sold Date 10/22/24
Bedrooms 7
HOA Y/N No
Year Built 1960
Lot Size 7,514 Sqft
Property Description
BACK ON MARKET! Buyer did not perform. This is the lowest priced 3 units for sale in Lincoln Heights right now! Don't miss out on THREE units for the price of a house! Ideal 3Br House plus Duplex on a tree lined street in Lincoln Heights between Mission and Broadway, this property is close to the DMV, Freeways, Lincoln Park and many schools. This triplex is comprised of two structures, a front 3Br+1Ba house (appx 891 SF) and a rear duplex with each unit featuring 2Br+1Ba (appx 650 SF each). Total of 2,186 SF of living space, sitting on a generous 7,512 SF lot. Both structures have a laundry room, and there is space behind the duplex that would make for nice private yards in the future. Separately metered and a new hot water heater in the rear, this property has low expenses. There are 2 water meters, so the front house pays for their own water! There is a laundry room for the front house, as well as a shared laundry room for the back duplex. There is also open parking for all units, and the property is fully gated. Only a few minutes to El Sereno, Chinatown, Boyle Heights and Downtown. 100% tenant occupied and subject to City of LA Rent Control. Buyers might be able to relocate tenants for owner occupancy, per LA RSO Guidelines, after the close of escrow (Buyer to confirm).
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LARD1.5
Interior
Interior Features Utility Room
Fireplaces Type None
Fireplace No
Appliance Disposal
Laundry Laundry Room, Outside
Exterior
Parking Features Driveway
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Composition,Shingle
Accessibility None
Porch None
Total Parking Spaces 3
Private Pool No
Building
Faces West
Story 1
Entry Level One
Foundation Raised
Sewer Sewer Tap Paid
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5211010011
Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Window Bars
Special Listing Condition Standard
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Bought with Quyen Tran • Quyen Tran, Broker