$810,000
$825,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
642 Euclid Avenue East Los Angeles, CA 90023
7 Beds
5 Baths
5,499 Sqft Lot
Key Details
Sold Price $810,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV23034544
Bedrooms 7
Lot Size 5,499 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
5 Units LA for $165,000 Per Unit! Private Seller Financing Available! We are pleased to exclusively offer for sale this 5 unit multi-family investment property in the city of East Los Angeles. The property boasts an excellent unit of mix of; 1(3Bed/2Bath), 1(2Bed/1Bath), 3(1Bed/1Bath)s with a total rentable square footage of 3,650 SqFt. The property is 100% copper plumbing and the seismic retrofit has been completed. The current tenants have lived at the subject property for a number of years with rents rarely being increased. This property is poised for an investor familiar with tenant relocation as the property offers 250% upside in rental income. Tenants enjoy onsite parking and an onsite laundry facility. Private Seller Financing Terms: 30% Down Payment, 3 Year Term, 6% Interest Only Payments, no pre-pay penalty.
5 Units LA for $165,000 Per Unit! Private Seller Financing Available! We are pleased to exclusively offer for sale this 5 unit multi-family investment property in the city of East Los Angeles. The property boasts an excellent unit of mix of; 1(3Bed/2Bath), 1(2Bed/1Bath), 3(1Bed/1Bath)s with a total rentable square footage of 3,650 SqFt. The property is 100% copper plumbing and the seismic retrofit has been completed. The current tenants have lived at the subject property for a number of years with rents rarely being increased. This property is poised for an investor familiar with tenant relocation as the property offers 250% upside in rental income. Tenants enjoy onsite parking and an onsite laundry facility. Private Seller Financing Terms: 30% Down Payment, 3 Year Term, 6% Interest Only Payments, no pre-pay penalty.
Location
State CA
County Los Angeles
Area Los Angeles (90023)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Acceptable Financing Cash, Seller May Carry
Space Rent $541
Listing Terms Cash, Seller May Carry
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Bought with KRISTOPHER GERMAN • RE/MAX 2000 REALTY