Los Angeles, CA 90063,3723 E 5th ST
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Los Angeles, CA 90063,3723 E 5th ST
Los Angeles, CA 90063,3723 E 5th ST
Los Angeles, CA 90063,3723 E 5th ST
Los Angeles, CA 90063,3723 E 5th ST

$1,350,000

Est. payment /mo

$1,350,000

Est.Price: ?

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3723 E 5th ST Los Angeles, CA 90063

6,892 Sqft Lot

SOLD DATE : 08/19/2024

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRCV24105424

Sold Date 08/19/24

Style Spanish

Originating Board California Regional MLS

Year Built 1953

Lot Size 6,892 Sqft

Property Description

What has been a family compound and cherished sanctuary for several decades now comes to market as your opportunity to own a 4-unit property in East Los Angeles. Located at 3723 East 5th Street in Los Angeles (90063) this property is ripe with opportunity. One of the most compelling features of this opportunity is its exceptional unit mix. At the heart of the apartment complex is "the owner's unit." The owner's unit is a 4-bedroom, 3-bathroom unit designed to accommodate the dynamic needs of a busy household. Yet, another opportunity with the owner's unit is the possibility of splitting this home into two units. The existing floopland should be easy to convert into a 3 bed, 1 3/4 bath owner's unit and a 1 bedroom, 1 bathroom attached ADU. In addition to "the owner's unit" there are an additional three units that are 2 bedrooms and 1 bathroom each. Since this property has been used as a family compound for many years 3723 East 5th Street will be delivered with the owner's unit and a two bedroom, one bath unit vacant at the close of escrow. The versatile floorplan along with two units delivered vacant at the close of escrow make's it clear that 3723 East 5th Street is offering you the ability to immediately generate market rent regardless of whether you live in one and rent the oth

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Rooms

Kitchen Dishwasher, Other, Oven - Double, Oven Range - Built-In, Refrigerator

Interior

Heating Wall Furnace

Cooling Other, Window / Wall Unit

Laundry Gas Hookup, In Garage, 30, Other, Washer, Dryer

Exterior

Parking Features Attached Garage, Gate / Door Opener, Other

Garage Spaces 8.0

Pool 31, None

View None

Roof Type Composition

Building

Lot Description Paved

Foundation Raised, Concrete Slab

Water Hot Water, District - Public

Architectural Style Spanish

Others

Tax ID 5238003022

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MLS Listing IDX PLUS
Listed by Joe Napoli • RE/MAX INNOVATIONS
Bought with Rudolph Vazquez
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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