327 S Avenue 56, Highland Park, CA 90042
- $645,000
- Sold Price
- $645,000
- List Price
- $650,000
- Closing Date
- Oct 31, 2014
- Status
- CLOSED
- MLS#
- AR14198673
- Year Built
- 1965
- Lot Size
- 6,503
- Acres
- 0.15
- Lot Location
- Street Level
- Days on Market
- 0
- Property Type
- Multifamily
Property Description
Great investment opportunity - perfect for a first time buyer! High demand rental area with rare vacancies. Centrally located, close to freeway and downtown LA. Well-maintained two-story building with all 2Br+1Ba units. All occupied with long-time and cooperative tenants. The lower units have access to a patio or backyard, and the upper units each has a balcony. Individual water heaters. Onsite coin laundry facility generates extra income. Significant upside to existing rents. DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS. Property sold "As is " condition, Sellers will not provide any repair.
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Additional Information
- Pool Description
- None
- Sewer
- Unknown
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $44,309
- Operating Expense
- 9713
Listing courtesy of Listing Agent: Louise Wong (misslouisewong@yahoo.com) from Listing Office: Coldwell Banker New Century.
Listing sold by Louise Wong from Coldwell Banker New Century
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.