Great investment opportunity located in booming City Terrace. Located on a hill within minutes from multiple freeways and a few miles from downtown LA. This 4 unit property is the one that you don't want to miss. With more than 3,200 sq. ft of living space, each of the… Read More units offers larger than normal spaces. The property also has a garage and a legal storage above the garage at the rear that might be able to be used as ADU'S (buyer to verify). The two upstairs units have updated electrical and plumbing as well as kitchens and bathrooms that were remodeled less than 6 years ago. The roof was entirely replaced in 2015 during the remodel. The two downstairs units have had some additional updates during the same time. Title has always reflected 5 units property is 4 legal units. Read Less
Property listed by Century 21 Allstars, Jorge Gamboa 310-901-5340
Listing Snapshot
Days Online
41
Last Updated
Property Type
Apartment
Lot Size
0.12 Acres
Year Built
1941
MLS Number
DW24235059
30 Days Snapshot Of 90063
$619k
-7%
(avg) sold price
6
-25%
homes sold
80
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1941, Building area total: 3,210, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
Sidewalks
Cooling
None
Expenses
Insurance expense: $1,800, Operating expense: $460, Water sewer expense: $2,400
Fireplaces
None
Garage
1 space
Income
Gross income: $75,600, Net operating income: $5,840
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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