We are pleased to present a Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area of East Los Angeles. Nestled near the renowned Citadel Outlets Shopping Center and just a few blocks away from the city of Montebello, this is a Great Investment and 1031 Exchange Opportunity that you don’t want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage. Spanning over 5,500sf Corner Lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. Each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. Given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% Upside in Rental Income. With its combination of Desirable Layout, Prime Location, and Value-Add potential, this asset is poised to deliver exceptional returns to its new owner. This won’t last! One of the Unit will be VACANT!!
Property Details
Price:
$925,000
MLS #:
WS24164213
Status:
Active
Beds:
8
Baths:
4
Address:
5838 Allston Street
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Aug 8, 2024
State:
CA
Finished Sq Ft:
3,032
ZIP:
90022
Lot Size:
5,653 sqft / 0.13 acres (approx)
Year Built:
1955
Schools
Interior
Cooling
Central Air
Fireplace Features
None
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
4.00
Lot Features
Corner Lot, Yard
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address5838 Allston Street Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90022
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Courtesy of Your Home Sold Guaranteed Rlty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Robert Barksdale include the name of the listing broker. Neither the listing company nor Robert Barksdale shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
5838 Allston Street
Los Angeles, CA
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