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Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB24117841
Sold Date 08/23/24
Bedrooms 4
HOA Y/N No
Lot Size 7,500 Sqft
Property Description
Located in the Highly Sought -after Cypress Park neighborhood these 2 Large separate houses sit on a large lot of 7500 providing privacy and space for each household . Rear Residence (216 E. avenue ) is a 2 bedroom with Bonus room and Family room ,2 bathroom with a Detached 1 Car Garage. This residence is in move in condition , features a master bedroom , laundry hook ups, covered patio and a good size back yard. Front House (218 E. Avenue ) will be delivered VACANT and consist of a spacious 2 Bedroom 1 bathroom with a 2 car garage features hardwood floors throughout , large windows making it bright with natural light , front and back yard ,dog run and inside laundry hooks. Property is a Diamond in the rough , perfect for an Owner-user looking to build sweat equity fast and or the seasoned investor looking for a High rental yield . This property represents a significant value-add and equity opportunity . Hurry ! Prime location in the vibrant heart of northeast LA, approximately 10 min. away from Downtown La , Pasadena , Highland park , restaurants , bars ,easy access to the metro and the 110 freeway . Front will be delivered Vacant.
Located in the Highly Sought -after Cypress Park neighborhood these 2 Large separate houses sit on a large lot of 7500 providing privacy and space for each household . Rear Residence (216 E. avenue ) is a 2 bedroom with Bonus room and Family room ,2 bathroom with a Detached 1 Car Garage. This residence is in move in condition , features a master bedroom , laundry hook ups, covered patio and a good size back yard. Front House (218 E. Avenue ) will be delivered VACANT and consist of a spacious 2 Bedroom 1 bathroom with a 2 car garage features hardwood floors throughout , large windows making it bright with natural light , front and back yard ,dog run and inside laundry hooks. Property is a Diamond in the rough , perfect for an Owner-user looking to build sweat equity fast and or the seasoned investor looking for a High rental yield . This property represents a significant value-add and equity opportunity . Hurry ! Prime location in the vibrant heart of northeast LA, approximately 10 min. away from Downtown La , Pasadena , Highland park , restaurants , bars ,easy access to the metro and the 110 freeway . Front will be delivered Vacant.
Location
State CA
County Los Angeles
Area Los Angeles (90031)
Zoning Assessor
Interior
Cooling Other/Remarks
Appliance Combination Heating
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $38
Acceptable Financing Conventional, FHA, Land Contract
Space Rent $850
Listing Terms Conventional, FHA, Land Contract
Financing Conventional
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Bought with Maggie Brown • Keller Williams Realty
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