$1,150,000
$1,150,000
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0.75 Acres Lot
SOLD DATE : 10/05/2023
Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23000408
Sold Date 10/05/23
HOA Y/N No
Year Built 1927
Lot Size 0.753 Acres
Property Description
Located in El Sereno in a convenient location at the border of Alhambra, South Pasadena, and a few minutes from Chinatown and Downtown LA. This property features two separate houses on a huge lot: ~33,000 sq ft! Great for hosting outdoor festivities and landscaping. It is perfect as both a pure income opportunity, renting out both units, or as a primary residence for the owner renting out one unit and living in the other.
Unit #1941 is ~2,300 sq. ft and has 5 bedrooms and 2 baths, plus extra storage space available in attics. This unit is currently rented at $2,500
Unit #1943 is ~1,500 sq. ft and has 2 bedrooms 2 baths, plus a unique basement space with a separate entrance. Unit was remodeled in 2013.
Both units combined feature a total of 3,786 sq. ft of living space, in a convenient location to downtown LA, CalState LA University, and neighboring Alhambra and Pasadena neighborhoods. Don't miss this great investment opportunity. Please note that rental unit is subject to the city Rent Stabilization Ordinance of LA
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LAR1
Interior
Flooring Laminate
Fireplace No
Laundry Outside
Exterior
Garage On Street
Fence Wrought Iron
Pool None
Community Features Curbs
Parking Type On Street
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5215029038
Acceptable Financing Cash, Conventional, Contract, 1031 Exchange
Listing Terms Cash, Conventional, Contract, 1031 Exchange
Financing FHA
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Esmeralda Rivera • Excellence RE Real Estate
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA