$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
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,186 sqft
Price per Sqft $297
MLS Listing ID 24-404147
Sold Date 10/22/24
Bedrooms 7
Year Built 1960
Lot Size 7,512 Sqft
Acres 0.1725
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 Lincoln Heights
Zoning LARD1.5
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Wall Gas
Cooling Window Unit(s)
Flooring Mixed
Fireplaces Type None
Equipment Garbage Disposal, Gas Dryer Hookup
Laundry Room, Outside
Exterior
Garage Driveway
Garage Spaces 3.0
Pool None
Waterfront Description None
View Y/N No
View None
Roof Type Composition, Shingle
Handicap Access None
Building
Story 1
Foundation Raised
Sewer In Connected and Paid
Water Public
Level or Stories One
Structure Type Stucco
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Quyen Tran, Broker