$1,255,000
$1,375,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
2833 Huron ST Cypress Park, CA 90065
4,116 SqFt
Key Details
Sold Price $1,255,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,116 sqft
Price per Sqft $304
MLS Listing ID SR20197967
Sold Date 11/13/20
HOA Y/N No
Year Built 1950
Lot Size 7,496 Sqft
Acres 0.1721
Property Description
Huron Apartments is a 4,116 sf 10 unit apartment building located in the gentrifying Cypress Park neighborhood of Los Angeles. The property was built in 1906/1950 and sits on a 7,495 SF Lot Zoned R2 / Tier 3 / Opportunity Zone. The property positions itself to offer an investor a value add (approx. 71% upside) 10 unit apartment building with a extremely low cost per unit and one of the lowest price points in LA County for 10 units. This well located property has great street visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 5/110 FWY and DTLA add an additional touch of convenience. Property to be delivered with 2 vacant units.
Location
State CA
County Los Angeles
Area Cypk - Cypress Park
Zoning LARD2
Rooms
Ensuite Laundry Laundry Room
Interior
Laundry Location Laundry Room
Fireplace No
Laundry Laundry Room
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5446008007
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Mike Iryami • BRC Advisors- BH
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Broker | License ID: DRE#01976964