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762 E 50th St Los Angeles, CA 90011
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Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,210 sqft
Price per Sqft $412
MLS Listing ID 20-609460
Sold Date 01/11/21
Bedrooms 10
Construction Status New Construction, Additions/Alter, Repairs Major, Repair Cosmetic, Updated/Remodeled
Year Built 1924
Lot Size 6,062 Sqft
Acres 0.1392
Property Sub-Type Multi-Family
Property Description
GROUND-UP RENOVATION COMPLETED 2020: ALL SYSTEMS UPGRADED. Presented for sale is a 5-unit apartment building located in the South Park neighborhood of Los Angeles, CA, just an 8-minute drive to USC. The two structures, both individually metered for gas & electric, consist of an SFR (2 bedroom + 1 bathroom), and a FOURPLEX (one 3 bedroom + 1 bathroom unit, two 2 bedroom + 1 bathroom units, and one 1 bedroom + 1 bathroom unit). UPGRADES INCLUDE NEW: roof, windows, stucco, electrical, plumbing, tankless water heaters, flooring, kitchens, bathrooms, low-maintenance landscaping, security cameras, awnings, a/c units, etc. Fully-occupied, stabilized, strong cash-flow. Some tenants Section 8. Great 1031 Exchange property.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning R2
Rooms
Other Rooms None
Interior
Heating Combination
Cooling Window Unit(s)
Equipment None
Exterior
Parking Features None
Garage Spaces 5.0
Pool None
Building
Story 2
Structure Type Stucco
Construction Status New Construction, Additions/Alter, Repairs Major, Repair Cosmetic, Updated/Remodeled
Others
Special Listing Condition Standard
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Bought with TMG Investment Real Estate