$1,000,000
$1,095,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/14/2016
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID IN16105194
Sold Date 10/14/16
HOA Y/N No
Year Built 1967
Property Description
Great looking building in prime rental location. Rents are extremely low for the area. Current owner has retired and has not wanted to push rents. Property has 5 garages in the rear. There is a 3 bedroom unit that is currently configured as a 2 bedroom unit, and 3 - 2 bedroom units. Check the tax rolls it shows the that there are 9 bedrooms. Owner has a property management company and they take good car of any issues in the building. Owner trading into a TIC.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Urban
Utilities Available Sewer Available
Total Parking Spaces 5
Private Pool No
Building
Lot Description Level
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 7266016024
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Anthony Walker • Buckingham Investments, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "