For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,316,250
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Lakewood Village (Lkvl)
MLS Listing ID PW22009271
Sold Date 02/08/22
HOA Y/N No
Year Built 1942
Lot Size 7,470 Sqft
Property Description
This Property features 4 Large 1 Bedroom 1Bath Units. This property is fully rented with mostly long term tenants, and all tenants have paid on time.
This property also features 4 Single Garages plus 1 parking spot. Buyer should check with the City to possibly adding an ADU over Garages.
Great Area, close to City College, Lakewood Mall, Costco, Restraunts, Long Beach Airport, and Public transportation. Rents are close to Pro Forma rents and still room for some increases. This property has been professionally managed and is in great condition. Separate Gas and Electric Meters, also Coin Laundry.
Location
State CA
County Los Angeles
Area 29 - Lakewood Village
Zoning LBR34
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area
Exterior
Parking Features Garage, Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Street Lights, Park
Utilities Available See Remarks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Level, Near Park, Near Public Transit, Sprinkler System
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7180033015
Energy Description 244.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jeffrey Joyce • NONMEMBER MRML
GET MORE INFORMATION
Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605