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Key Details
Sold Price $2,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21113937
Year Built 1958
Lot Size 0.463 Acres
Property Description
This property can be purchased with the adjacent site (5300 Live Oak) for a parcel totaling approximately 40,353 SF. APN 6226-017-024 (5300 Live Oak Street) is a 20,173 SF rectangular parcel with 55' of frontage and 385' of depth and currently improved with a 982 SF, three-bedroom/1-bath single-family residence built in 1953. There are plans for this parcel to be redeveloped with 6 units, although it may be possible to build as many as 12 units (buyer to check with city). The subject property in this listing is APN 6226-017-025 (5306 Live Oak Street), which is a 20,180 SF rectangular parcel with 50' of frontage and 385' of depth and currently improved with a 2,444 square foot 2-story, 4-bedroom/3-bath single-family residence with basement built in 1968, and a 1-story 5-unit housing complex containing five 2-bedroom/1-bath units, all built between 1961 and 1965. The property is in good condition and offers an investor the opportunity to add value to the existing units and raise rents to market. Please do not contact the tenants. Contact the listing agent for additional information.
Location
State CA
County Los Angeles
Area T5 - Walnutpk, Huntpk, Bell N Of Florence, And Cud
Zoning CUR3*
Interior
Cooling None
Laundry None
Exterior
Parking Features Attached Carport, Door-Single, Garage, Uncovered
Garage Spaces 5.0
Garage Description 5.0
Pool None
View Y/N No
View None
Building
Story 2
Sewer Sewer Tap Paid
New Construction No
Others
Special Listing Condition Standard
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Bought with DELIMIRO GOMEZ • CENTURY 21 REALTY MASTERS
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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