Bought with Bob Loner • Realty Executives SCV
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Key Details
Sold Price $2,170,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,638 sqft
Price per Sqft $326
MLS Listing ID CRSR21018081
Sold Date 06/11/21
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1956
Lot Size 0.833 Acres
Property Description
Unique Residential Income Offering, First time on Market: Featuring 1 Quadruplex (4 units) A thru D, and 3 Single Family Residences’. Seven units total situated on 3 separate legal contiguous lots all being sold together as package. 25120 Newhall Ave- Quadruplex sets on 1 lot. 25118 & 25118 ½ Newhall Ave- 2 SFR’s set on 1 lot. And 25116 Newhall Ave- 1 SFR sets on 1 lot. PLEASE DO NOT ENTER PROPERTY GROUNDS WITHOUT AN APPOINTMENT. Quadruplex Description: Four 1+1’s approx. 2438+- sq ft with laundry room with detached 4 car garage on a 7387 SF lot. Single Family Residences Description: Two 3+2 SFR’s approx 1650+- SF each (square footage includes garage conversions to playrooms) on a 22,737 SF lot with 1 detached garage and another detached garage with workshop. One 2+1 SFR approx 864+- SF with attached garage on a 6182 SF lot. All 3 single family residences will be delivered available to rent at Close of Escrow. Quadruplex will be delivered at COE with 3 Tenant Occupied units A,C &D (Unit B available to rent soon). Current under market monthly rents for quad is A) $945 B) $999 C) $729 D) $999. Markets rent are between $1500=$1600. Rent control does not apply to future new tenanted units when previous tenants have departed.
Location
State CA
County Los Angeles
Interior
Heating Natural Gas, Wall Furnace, Other
Cooling Evaporative Cooling
Fireplace No
Laundry Laundry Room, Other, Inside
Exterior
View None
Building
Lot Description Other
Water Public
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