Michelle Esquivel
michelle@michellehomesellingteam.com
Michelle Esquivel
michelle@michellehomesellingteam.com8,698 Sqft Lot
8,698 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV24169374
HOA Y/N No
Year Built 1941
Lot Size 8,698 Sqft
Property Description
Spanning 2,086 square feet of rental space on a generous 8,701 square foot lot, these homes are complemented by individual laundry hookups, adding to tenant convenience and appeal. The property boasts updated plumbing, ensuring reduced maintenance costs and increased reliability.
Strategically located near Manhattan Beach, Sofi Stadium, and LAX Airport, this property not only offers great accessibility to major attractions but also stands to benefit from a significant 25% potential upside in rental income (A buyer can take advantage of the fact that all units are scheduled for their annual rental increase.). This presents an exceptional opportunity to capitalize on a well-maintained property with strong income growth potential.
Location
State CA
County Los Angeles
Area 109 - Ramona/Burleigh
Zoning HAR1YY
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Spaces 2.0
Carport Spaces 1
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 5
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 4045030029
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA