$1,340,000
$1,250,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
211 N Avenue 63 Los Angeles, CA 90042
4 Beds
4 Baths
2,768 SqFt
Key Details
Sold Price $1,340,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,768 sqft
Price per Sqft $484
MLS Listing ID 24-426670
Sold Date 09/18/24
Bedrooms 4
Year Built 1922
Lot Size 8,052 Sqft
Acres 0.1848
Property Description
We are pleased to present our newest exclusive listing in the trendy Highland Park neighborhood . The property is comprised of four units all 1bedroom/1bathroom units ( two which were built in 2008 and are loft style) . Those loft units are exempt from RSO rent control . The property boast a 91 Walkscore (Walkers Paradise) and is located only one block from Figueroa St, local bars, Starbucks, and more! The property is being offered at a 5.72% cap rate on entry rents and a 11.81 GRM. This investment is well suited for long term growth, upside in rents, and located in an extremely desirable Los Angeles neighborhood making it a perfect investment
Location
State CA
County Los Angeles
Area Highland Park
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Equipment Garbage Disposal, Range/Oven
Exterior
Garage Driveway Gate
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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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 Keller Williams R. E. Services
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Broker | License ID: DRE#01976964