$753,000
$778,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
3,558 SqFt
SOLD DATE : 12/31/2014
Key Details
Sold Price $753,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,558 sqft
Price per Sqft $211
MLS Listing ID WS14211366
Sold Date 12/31/14
HOA Y/N No
Year Built 2009
Tax Year 2013
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Property has 2 Parcels located at 6901 & 6905 N. Figueroa St., Highland Park. Great Investment! Major renovation and updated in 2009 including New Roof, New Electrical, New Plumbing to copper pipes, and part of sewer lines. It is a Residential and Commercial mixed use Income Property.
It consists of 2,300 sq. ft. commercial building with a Convenient store and a Restaurant on street front with 10 years lease in place. Convenient Store has Beer and Wine License, lottery. And two rental units ,4 bedrooms/2 baths and a studio .Collecting combined rent close to $5,000. Tenants pay for their own gas, electricity, water & trash. What a deal!
Very well maintained with Owner's pride. Corner lot property located at signal light intersection in front of bus stop. Centrally located. Close to South Pasadena. Near Downtown Los Angeles, USC Medical Center, Chinatown, LA Union Station, Dodger Stadium, Rose Bowl Stadium etc... Great Income! Huge potential!
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD1.5
Interior
Fireplace No
Exterior
Pool None
Community Features StreetLights
Total Parking Spaces 4
Private Pool No
Building
Lot Description CornerLot
Story Two
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
Others
Tax ID 5480001017
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with LOUIE YEH • KO TAI REALTY
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