$1,315,000
$1,375,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
4116 CITY TERRACE DR Los Angeles, CA 90063
Key Details
Sold Price $1,315,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 16122204
Sold Date 02/08/17
HOA Y/N No
Year Built 1921
Property Description
PRICE REDUCED - * Non- Rent Control in Los Angeles County* Parking on Site* Over 27% Rent Upside* Student Housing Potential near CSULA* Purchase Non-Rent Control at Over a 5% Cap Rate* 8 Units Plus 1 Non-Conforming, Built in 1922* 6,508 Gross Square Footage on a 6,101 Square Foot Lot* Not Subject to Rent Control Laws* Located in the Up and Coming City Terrace Neighborhood* Great Unit Mix: Three 3 Bed / 1 Bath, Five 1 Bed / 1 Bath, OneSingle which is Non Conforming* Large Units that Average over 810 Square Feet Each* Secured Entry to the Property* Gas and Electric Separately Metered for Each Unit
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCC3*
Interior
Cooling None
Fireplace No
Laundry See Remarks
Exterior
Parking Features One Space
Total Parking Spaces 3
Building
Story 2
Others
Tax ID 5226018011
Special Listing Condition Standard
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Bought with Derek Lester • Sotheby's International Realty