$925,000
5838 Allston Street Los Angeles, CA 90022
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Listed by EDWARD KOSASIH • PARTNER Real Estate
$925,000
Est. payment /mo
8 Beds
4 Baths
3,032 SqFt
UPDATED:
11/15/2024 10:56 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,032 sqft
Price per Sqft $305
MLS Listing ID CRWS24164213
Bedrooms 8
Full Baths 4
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1955
Lot Size 5,653 Sqft
Property Description
One VACANT Unit--We are pleased to present a Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area of East Los Angeles. Nestled near the renowned Citadel Outlets Shopping Center and just a few blocks away from the city of Montebello, this is a Great Investment and 1031 Exchange Opportunity that you don't want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage. Spanning over 5,500sf Corner Lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. Each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. Given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% Upside in Rental Income. With its combination of Desirable Layout, Prime Location, and Value-Add potential, this asset is poised to deliver exceptional returns to its new owner. This won't last!
Location
State CA
County Los Angeles
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 4.0
Pool None
View Other
Parking Type Detached
Private Pool false
Building
Lot Description Corner Lot, Street Light(s)
Story 2
Water Public
Schools
School District Montebello Unified
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