$1,350,000
$1,350,000
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3723 E 5th ST Los Angeles, CA 90063
6,892 Sqft Lot
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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Bought with Rudolph Vazquez