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El Sereno, CA 90032,5229 Alhambra AVE
$765,000
Est. payment /mo
$775,000
1.3%
Est.Price: ?

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5,009 Sqft Lot
SOLD DATE : 03/19/2014

Key Details

Sold Price $765,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV14004167

Year Built 1989

Tax Year 2012

Lot Size 5,009 Sqft

Property Description

We are pleased to exclusively offer for sale this meticulously maintained 5 unit multi-family property built 1989 (no-rent control) in the highly desirable rental community of El Sereno (Alhambra adjacent). The subject property consists of five 2-bedroom & 1-bathroom units. The unit interiors have many upgrades such as granite countertops, new fixtures, new cabinets, as well as new tile/wood flooring (some units). The exterior has recently been painted and the walkway repaved. Tenants enjoy 10 onsite tandem parking spaces that are located at the rear of the building, an onsite laundry room with brand new coin operated machines, as well as internet access for all units and internet based surveillance cameras. The subject property is currently 100% occupied and offers a substantial 7.8% cash-on-cash return. Please contact listing agent for a full marketing package outlining income and expense information. DO NOT WALK ON THE PROPERTY NOR APPROACH THE TENANTS FOR ANY REASON.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Exterior

Parking Features Assigned

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Available

Building

Lot Description 2-5 Units/Acre

Water Public

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000
Bought with KRISTOPHER GERMAN • RE/MAX 2000
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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