Los Angeles, CA 90032,4875 Axtell ST
Los Angeles, CA 90032,4875 Axtell ST
Los Angeles, CA 90032,4875 Axtell ST
See all 3 photos

$883,138

$990,000

10.8%
Est.Price: ?

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Est. payment /mo

6,098 Sqft Lot


SOLD DATE : 04/19/2021

Key Details

Sold Price $883,138

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR21023022

Sold Date 04/19/21

HOA Y/N No

Year Built 1924

Lot Size 6,098 Sqft

Property Sub-Type Apartment

Property Description

Attention investors…5 units under $200K per door! Act now on this 5-unit multi-family property with strong rental income and lots of building character located in lower Monterey Hills area not far from Alhambra. Situated on a generously sized lot with three separate building structures, each unit is single level and includes designated parking. Below market rents offers the new ownership significant rental upside of 20% or greater. Separately metered for both electricity & gas plus a well-maintained property, this investment offers historically low expenses, ease of management and superb cash flow. Unit mix: one 2 bed/1 bath house and four 1 bed/1bath units. The prime location is in an upcoming area surrounded by plenty of large and new developments. Priced for a quick sale at only $990,000 this investment will not last long!

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LARD3

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Suburban

Total Parking Spaces 4

Private Pool No

Building

Lot Description Near Public Transit

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5218013021

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brian Gordon • Lotus Property Services, Inc.
Bought with Chao Chiao • IRN Realty
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+1(818) 430-2878

moises@dreambigrealty.com

15545 Devonshire St, Mission Hills, CA, 91345-2638, USA

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