$1,125,000
$1,195,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
928 S Record AVE Los Angeles, CA 90023
7 Beds
3 Baths
2,550 SqFt
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $441
MLS Listing ID 24454143
Sold Date 04/16/25
Bedrooms 7
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1956
Lot Size 7,200 Sqft
Property Description
We are pleased to present a three (3) unit apartment building located in Los Angeles, California. The subject property is situated in a good East Los Angeles location, south of Whittier Boulevard and west of S Downey Road. Built in 1956, this property consists of an ideal unit mix of two (2) two-bedroom / one-bathroom units, and one (1) three-bedroom / one-bathroom house. All of the units have been recently renovated with hardwood flooring, new countertops, appliances, and in-unit washer and dryer machines. The two-bedroom units also feature a spacious den. The property is also gated and secure. The property is equipped with three (3) on-site parking spaces including two (2) garage spaces that can potentially be converted into multiple ADU units. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Lupe's Burritos, Regency Commerce, Pacific French Bakery, Nike Community Store, and Salazar Park. Positioned in a good East Los Angeles Location, this offering presents an exceptional opportunity for an investor to capitalize on a triplex with incredible initial cash flow and qualifies for 30-year fixed residential financing.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR4YY
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Exterior
Parking Features Assigned, Door-Single, Driveway, Garage, Private
Garage Spaces 2.0
Garage Description 2.0
Community Features Gated
View Y/N Yes
View City Lights
Porch Covered
Attached Garage Yes
Total Parking Spaces 5
Building
Lot Description No Landscaping, Rectangular Lot, Yard
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5239020020
Security Features Gated Community
Special Listing Condition Standard
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Bought with Gilbert Navarro • Keller Williams SELA