$1,140,000
$1,150,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
1531 E 92nd ST #1234 Los Angeles, CA 90002
5,741 Sqft Lot
Key Details
Sold Price $1,140,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24140887
Sold Date 08/14/24
HOA Y/N No
Year Built 1993
Lot Size 5,741 Sqft
Property Sub-Type Quadruplex
Property Description
AVAILABLE TO SHOW by appointment only. 7.2% CAP RATE! Discover an exceptional investment opportunity with this charming quadplex, perfectly situated in the vibrant heart of Los Angeles. Located at 1531 E 92nd Street, this property offers four distinct units, each designed to provide comfortable living spaces. This quadplex combines classic Los Angeles charm with modern conveniences, providing a perfect blend for tenants. Nestled in a sought-after neighborhood, residents will enjoy easy access to downtown Los Angeles, major freeways, and public transportation. With the high demand for rental properties in the area, this quadplex guarantees a steady stream of income, making it an excellent addition to your real estate portfolio. Includes two tandem parking spaces for each unit, a valuable amenity in the bustling city. Whether you are an experienced investor or looking to make your first foray into real estate, this property promises to deliver significant benefits. Don't miss out on this rare opportunity to own a piece of Los Angeles real estate that offers both immediate and long-term financial gains. Schedule a viewing today and take the first step toward enhancing your investment portfolio.
Location
State CA
County Los Angeles
Area Watt - Watts
Zoning LAR3
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Gated, One Space, Tandem, Uncovered
Pool None
Community Features Street Lights, Sidewalks, Urban
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6044007026
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Jason Lee • JLM Real Estate Inc.