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719 S La Verne Avenue

East Los Angeles, CA 90022
  • $1,225,000
  • STATUS: ACTIVE
  • ON SITE: 51 Days
  • ID#: GD23014653
UPDATED: 59 min ago
$1,225,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Fantastic Investment opportunity! Up for sale is a 5-unit multi-family property. This well-maintained property is located in a highly desirable community of East Los Angeles. The subject property offers a total of 5 units: 3 Beds / 2 Baths, 1 bed / 1 Bath, and 3 Studios. The property had many upgrades which include fully remodeled kitchens, flooring, and bathrooms. The exterior upgrades included new windows, paint, and garage doors. The owner pays for the electricity and gas utilities for four of the units and the tenant of the cottage-style unit pays for electricity and gas utilities. Current Rents: 3 beds - $1,900, 1 Bed - $1,100, Studio - $1,200, and Studio - $950. Buyer to cooperate with sellers' 1031 Exchange at no cost to the buyer. The property is centrally located near shops and restaurants and the 710, 60, and I-5 Fwys. Fantastic Investment opportunity! Up for sale is a 5-unit multi-family property. This well-maintained property is located in a highly desirable community of East Los Angeles. The subject property offers a total of 5 units: 3 Beds / 2 Baths, 1 bed / 1 Bath, and 3 Studios. The property had many upgrades which include fully remodeled kitchens, flooring, and bathrooms. The exterior upgrades included new windows, paint, and garage doors. The owner pays for the electricity and gas utilities for four of the units and the tenant of the cottage-style unit pays for electricity and gas utilities. Current Rents: 3 beds - $1,900, 1 Bed - $1,100, Studio - $1,200, and Studio - $950. Buyer to cooperate with sellers' 1031 Exchange at no cost to the buyer. The property is centrally located near shops and restaurants and the 710, 60, and I-5 Fwys.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/136530726
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719 S La Verne Avenue East Los Angeles, CA 90022

  • Price: $1,225,000
  • Status: ACTIVE
  • On Site: 51 Days
  • Updated: 59 min ago
  • ID#: GD23014653
4
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighborhood:
Los Angeles (90022)
County:
Los Angeles
Area:
Los Angeles (90022)
Property Description
Fantastic Investment opportunity! Up for sale is a 5-unit multi-family property. This well-maintained property is located in a highly desirable community of East Los Angeles. The subject property offers a total of 5 units: 3 Beds / 2 Baths, 1 bed / 1 Bath, and 3 Studios. The property had many upgrades which include fully remodeled kitchens, flooring, and bathrooms. The exterior upgrades included new windows, paint, and garage doors. The owner pays for the electricity and gas utilities for four of the units and the tenant of the cottage-style unit pays for electricity and gas utilities. Current Rents: 3 beds - $1,900, 1 Bed - $1,100, Studio - $1,200, and Studio - $950. Buyer to cooperate with sellers' 1031 Exchange at no cost to the buyer. The property is centrally located near shops and restaurants and the 710, 60, and I-5 Fwys. Fantastic Investment opportunity! Up for sale is a 5-unit multi-family property. This well-maintained property is located in a highly desirable community of East Los Angeles. The subject property offers a total of 5 units: 3 Beds / 2 Baths, 1 bed / 1 Bath, and 3 Studios. The property had many upgrades which include fully remodeled kitchens, flooring, and bathrooms. The exterior upgrades included new windows, paint, and garage doors. The owner pays for the electricity and gas utilities for four of the units and the tenant of the cottage-style unit pays for electricity and gas utilities. Current Rents: 3 beds - $1,900, 1 Bed - $1,100, Studio - $1,200, and Studio - $950. Buyer to cooperate with sellers' 1031 Exchange at no cost to the buyer. The property is centrally located near shops and restaurants and the 710, 60, and I-5 Fwys.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K

Interior Features

Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 0 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 0 Home Owners Fees 0.0 Possession Close Of Escrow Sewer Septic Sewer Connected Terms CashExchangeLand Contract Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1900.0 Unit2 Rent Actual 1100.0 Unit3 Rent Actual 1200.0 Unit4 Rent Actual 950.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Pegasus Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128