$2,125,000
$2,200,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
SOLD DATE : 07/08/2025
Key Details
Sold Price $2,125,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25105358
Sold Date 07/08/25
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
This well-maintained property has been under the care of an excellent management company for many years and is now being offered for sale for the first time in 37 years. The property features a desirable mix of units, including four spacious two-story townhome-style units (2BR + 2BA) and three upper-level single-story units (2BR + 1BA). Each of the seven units comes with its own two-car garage, totaling 14 garages. Recent upgrades include a new main electrical panel and subpanels (May 2025), as well as the replacement of a beam support post and the refurbishment of three balconies with waterproofing and anti-slip paint. Residents enjoy the convenience of an on-site laundry facility, individual HVAC systems in all units, large private balconies, and a wide driveway that enhances both comfort and accessibility. This is a rare investment opportunity offering a strong CAP rate that outperforms comparable properties in the area. Centrally located with easy access to the 91, 605, and 710 freeways, the property is also close to shops, restaurants, schools, parks, and more.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Between Downey Ave and Lakewood Blvd on Rose
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7162021079
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Bought with Jenny Bae New Star Realty & Investment
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