$460,000
$520,000
11.5%For more information regarding the value of a property, please contact us for a free consultation.
1129 N Rowan AVE City Terrace, CA 90063
4,356 Sqft Lot
Key Details
Sold Price $460,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB18164119
Sold Date 07/16/19
HOA Y/N No
Year Built 1929
Lot Size 4,356 Sqft
Acres 0.1
Property Description
MOTIVATED SELLER....BRING ALL OFFERS - Prime City Terrace Location, South of 10 Freeway and minutes from Downtown and California State University of Los Angeles. The Rowan Apartments is located in the unincorporated section of Los Angeles, just East of downtown Los Angeles and just blocks from the 5, 10, 60, 101 and 710 Freeways.
This property consist of four 1 Bed/1 Bath units (two unpermitted/converted units) with 2,120 of rentable square feet of living space, and a large lot size of 4,505 square feet. The current property rents are significantly below market, creating a repositioning opportunity to generate strong cash flows and investment yields. The property is individually metered for electric and gas with the current owner paying the utilities. There’s a garage on-site with tenants utilizing street parking. Seller is Motivated - Bring All Offers!!!
Location
State CA
County Los Angeles
Area Cter - City Terrace
Zoning LCR3*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage On Street
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Urban
Parking Type On Street
Total Parking Spaces 1
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5228026002
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing FHA
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
GUIDE SoCal
socal@guiderealestate.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with JOSE ARANA • CENTURY 21 REALTY MASTERS
GUIDE SoCal
Broker | License ID: DRE#01976964