$940,000
$991,800
5.2%For more information regarding the value of a property, please contact us for a free consultation.
5,079 Sqft Lot
SOLD DATE : 06/29/2022
Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV22049933
Sold Date 06/29/22
Construction Status Repairs Major
HOA Y/N No
Year Built 1961
Annual Tax Amount $4,160
Tax Year 2021
Lot Size 5,079 Sqft
Property Sub-Type Mixed Use
Property Description
PERFECT SETTING FOR OWNER/LANDLORD....This property consists of 3 units and one house on same lot. 3501 is a downstairs unit with 2 Bd and 1 Bath; 3501 1/2 is also a 2 Bd and 1 Bath; 3503 is converted to a studio with it's own kitchen, bathroom and separate sleeping area; it can also be converted back into an office since it is zoned as Office/Commercial/Residential. Around the corner, on the same lot, there is a standalone 3 Bd and 1 Bath house; the address is 326 S. Velasco St. This property is located one block from the DTLA and Gold Line system; 5 minutes from KECK Hospital; 10 minutes from downtown Los Angeles and two blocks from Freeways 60, 101, 5, 10, 110 and 710. It is close to parks, grocery stores, and local eateries; it is a very desirable location for tenants. Buyer will have to perform its due diligence, investigate property thoroughly and accept the property with its current rents, tenants. Subject to inspection.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAC2
Rooms
Other Rooms Guest House Detached
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplaces Type Electric, Gas, Kitchen
Fireplace Yes
Appliance Gas Water Heater
Laundry None
Exterior
Exterior Feature TV Antenna
Parking Features None
Fence Wrought Iron
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition,Shingle
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot, No Landscaping
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Guest House Detached
New Construction No
Construction Status Repairs Major
Others
Senior Community No
Tax ID 5179014055
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Esmeralda Sandoval • New Venture Realty
279 e Arrow Hwy Suite 103, Dimas, CA, 91773, Unite States