Los Angeles, CA 90031,3619 Carlota BLVD
Los Angeles, CA 90031,3619 Carlota BLVD
Los Angeles, CA 90031,3619 Carlota BLVD
Los Angeles, CA 90031,3619 Carlota BLVD
Los Angeles, CA 90031,3619 Carlota BLVD
Los Angeles, CA 90031,3619 Carlota BLVD
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$790,000

$800,000

1.3%
Est.Price: ?

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Est. payment /mo

4,416 Sqft Lot


SOLD DATE : 08/07/2024

Key Details

Sold Price $790,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR24110139

Sold Date 08/07/24

HOA Y/N No

Year Built 1959

Lot Size 4,416 Sqft

Property Description

Exceptional opportunity to acquire a true VALUE-ADD investment property with a +/-58% upside potential. This cozy property consists of two duplexes situated on a uniquely shaped lot with minimal maintenance. Each unit features a 2bed/1bath, four tandem parking spaces, and garden space. This property is located in a highly desirable Northeast Los Angeles historic corridor of Cypress Park with easy access to the 110 freeway, Heritage Square Gold Line Metro station, shopping, local eateries, schools, and recreation. A savvy investor with a value add strategy will be able to take advantage of the steadily rising rental rates in the area with future renovation. This 4-unit property has the ability to lock in 30-year fixed debt, and up to a 75% LTV. Could be great for a first-time buyer or owner occupant! Seller may consider carrying!

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LARD1.5

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Dog Park, Park, Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre, Irregular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5446027023

Acceptable Financing Cash, Cash to New Loan, Owner May Carry, Private Financing Available

Listing Terms Cash, Cash to New Loan, Owner May Carry, Private Financing Available

Financing VA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Justin McCardle • Growth Investment Group Pasade • 909-486-2069
Bought with Whenrica McAfee • Excellence RE Real Estate
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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