$1,825,000
$2,195,000
16.9%For more information regarding the value of a property, please contact us for a free consultation.
1444 S Crescent Heights Blvd Los Angeles, CA 90035
8 Beds
5 Baths
4,252 SqFt
Key Details
Sold Price $1,825,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,252 sqft
Price per Sqft $429
MLS Listing ID 21-762672
Sold Date 07/08/22
Bedrooms 8
Year Built 1949
Lot Size 5,003 Sqft
Acres 0.1148
Property Sub-Type Multi-Family
Property Description
A value-add 5 unit apartment building w/ substantial upside potential & value. Desirable Faircrest Heights neighborhood The property features an excellent unit mix consisting of (2) Three Bedroom/One Bathroom units, (1) Two-Bedroom/One Bathroom unit and (2) One-Bedroom/One-Bathroom units. All units are separately metered for gas, electric and trash. The property includes a 5 car garage in back of building and a shared laundry room. . With current rents significantly below market, the subject property offers the opportunity to upgrade the unit interiors and increase rents. Roof was replaced in 2019. (1) section 8 tenant; all tenants are on monthly agreements; At closing, the all units excluding 1 bedroom and 2 bedroom unit will be delivered vacant.
Location
State CA
County Los Angeles
Area Beverlywood Vicinity
Zoning LAR3
Interior
Heating Natural Gas
Laundry Room, Community
Exterior
Garage Spaces 5.0
Roof Type Flat
Building
Story 2
Water District
Structure Type Stucco, Wood Siding
Others
Special Listing Condition Standard
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Bought with Keller Williams Hollywood Hills