$790,000
$800,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
3619 Carlota BLD Los Angeles, CA 90031
4,418 Sqft Lot
Key Details
Sold Price $790,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRAR24110139
Sold Date 08/07/24
Originating Board California Regional MLS
Year Built 1959
Lot Size 4,418 Sqft
Property Description
Exceptional opportunity to acquire a true VALUE-ADD investment property with a +/-58% upside potential. This cozy property consists of two duplexes situated on a uniquely shaped lot with minimal maintenance. Each unit features a 2bed/1bath, four tandem parking spaces, and garden space. This property is located in a highly desirable Northeast Los Angeles historic corridor of Cypress Park with easy access to the 110 freeway, Heritage Square Gold Line Metro station, shopping, local eateries, schools, and recreation. A savvy investor with a value add strategy will be able to take advantage of the steadily rising rental rates in the area with future renovation. This 4-unit property has the ability to lock in 30-year fixed debt, and up to a 75% LTV. Could be great for a first-time buyer or owner occupant! Seller may consider carrying!
Location
State CA
County Los Angeles
Area 632 - Highland Park
Interior
Laundry None
Exterior
Pool None
Building
Lot Description Irregular
Water District - Public
Others
Tax ID 5446027023
Special Listing Condition Not Applicable
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