$995,000
$995,000
For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2,292 SqFt
SOLD DATE : 02/26/2025
Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,292 sqft
Price per Sqft $434
MLS Listing ID CRSB25003293
Sold Date 02/26/25
Bedrooms 5
HOA Y/N No
Year Built 1922
Lot Size 4,989 Sqft
Acres 0.11
Property Sub-Type Quadruplex
Property Description
4-Unit Turnkey property to be delivered FULLY VACANT by close of escrow. Updated electrical and new copper plumbing. The building features one 2- bed/1-bath unit and three 1-bed/1-bath units, with all 4 units delivered vacant, offering a prime opportunity for an investor or owner-occupier. 4 uncovered parking spaces in the rear can be converted to two stacked ADUs. With this addition, the cap rate jumps from an already attractive 8.26% to an impressive 13.31%, offering substantial returns. For investors, this is a cash cow with the ability to stabilize and generate significant cash flow. For owner-users, it’s a perfect opportunity to occupy one unit, have two units cover your mortgage, and enjoy pure profit from the fourth unit. Don’t miss this rare chance to maximize value in a sought-after area!
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Fireplace No
Laundry No Hookups
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5107014021
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with GeneralNonmember
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "