For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,875,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB19232515
Sold Date 12/05/19
HOA Y/N No
Year Built 1989
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Very motivated seller! Seller has identified up-leg property and must be non-contingent on the sale within the next few weeks. 804 Larch St. is a 9-unit building built in 1989, in a prime Inglewood location. The property consists of eight (8) 2 Bd/2 Ba units and one (1) 2 Bd/2.5 Ba townhouse. Each unit has two (2) garage parking spaces and eight (8) of the nine (9) units have been rehabbed with plank tile flooring and granite counter tops. This is a very stable asset in a newly rent control market, with additional rent upside. 4.90% cap rate on the current rents and 5.80% cap rate on the market rents. Numbers Page, Rehab Schedule, and 2018 Profit and Loss Statement included as supplements to this listing.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning INR3YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 18.0
Garage Description 18.0
Pool None
Community Features Street Lights, Suburban, Sidewalks, Urban
Total Parking Spaces 18
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story Three Or More
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 4024004026
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NONE NONE • CRMLS
Get More Information
- San Francisco, CA
- Oakland, CA
- San Diego, CA
- Berkeley, CA
- Palo Alto, CA
- San Jose, CA
- Concord, CA
- Fremont, CA
- Marin, CA
- Santa Clara, CA
- Daly City, CA
- San Ramon, CA
- Hercules, CA
- Vallejo, CA
- Benicia, CA
- Fairfield, CA
- Redwood City, CA
- Richmond, CA
- Atherton, CA
- Alameda, CA
- Hayward, CA
- Pleasanton, CA
- Livermore, CA
- San Leandro, CA
- Vacaville, CA
- Cupertino, CA
- Walnut Creek, CA
- Dublin, CA
- Castro Valley, CA
- Mill Valley, CA
- Tiburon, CA
- Sausalito, CA
- Napa, CA
- American Canyon , CA
- San Rafael, CA
- Mountain View, CA
- Sunnyvale, CA
- Los Gatos, CA
- Tracy, CA
- Brentwood, CA
- Oakley, CA
- Discovery Bay, CA
- Orinda, CA
- Moraga, CA
- Lafayette, CA
- Alamo, CA
- Foster City, CA