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1634 E Vernon Ave Los Angeles, CA 90011
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Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,379 sqft
Price per Sqft $306
MLS Listing ID 21-699748
Sold Date 03/30/21
Style Other
Bedrooms 6
Year Built 2007
Lot Size 3,749 Sqft
Acres 0.0861
Property Sub-Type Multi-Family
Property Description
Actual Current CAP 6.69% with 11.74 GRM. Cash Cow!!! Non-rent controlled Duplex, built in 2007. Both units are occupied by good standing Section 8 tenants. Each with individual washer & dryer, tenants pay all utilities including the water. There is a sub-meter for water by Vitality. Each unit comes with 2 car tandem parking. The lower unit's monthly rent is $2,576 & the upper unit's monthly rent is $2,641. Minutes away to Starbucks, Norms, Northgate market, IN & OUT, Wells Fargo, Bank of America & many more markets & restaurants. Owner only pays for tax, insurance, gardening & maintenance.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Gas Dryer Hookup
Exterior
Parking Features Driveway
Garage Spaces 4.0
Building
Story 2
Architectural Style Other
Others
Special Listing Condition Standard
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Bought with Compass