5838 Allston Street, Los Angeles, CA 90022
-
Listed Price :
$925,000
-
Beds :
8
-
Baths :
4
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Property Size :
3,032 sqft
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Year Built :
1955
Property Description
One VACANT Unit--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!
Interior Features
| Laundry Information |
| Location(s) |
See Remarks |
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
5838 Allston Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90022 |
| County |
Los Angeles |
| Listing Agent |
EDWARD KOSASIH DRE #02011761 |
| Courtesy Of |
PARTNER Real Estate |
| List Price |
$925,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Quadruplex |
| Structure Size |
3,032 |
| Lot Size |
5,653 |
| Year Built |
1955 |
Listing information courtesy of: EDWARD KOSASIH, PARTNER Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 15th, 2024 at 3:26 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
