Los Angeles, CA 90012,1137 Sunvue PL

$700,000

Est. payment /mo

$799,999

12.5%
Est.Price: ?

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1137 Sunvue PL Los Angeles, CA 90012

3,048 SqFt

SOLD DATE : 10/08/2024

Key Details

Sold Price $700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,048 sqft

Price per Sqft $229

MLS Listing ID WS24133819

Sold Date 10/08/24

HOA Y/N No

Year Built 1939

Lot Size 4,486 Sqft

Acres 0.103

Property Description

Location Location Location Echo Park Neighborhood.
This unique multi-family 4-unit property is ideally situated near Downtown Los Angeles, Chinatown, Silver Lake and Dodger Stadium. It offers excellent connectivity with convenient access to the #2, #5, #10, #101, and #110 freeways, the Gold Line, and multiple bus routes.
Unit Details: Each unit featuring 1 bedroom, 1 full bath, a dining area, living room, kitchen, laundry room, and detached 1-car garage. Amenities: Spacious floor plans, individual water heaters, and separate gas and electricity meters for each unit.
Occupancy:
3 out of 4 units are occupied by long-term tenants on month-to-month leases.
1 unit is move-in ready with new paint, new lights, and nice wood flooring, perfect for owner occupancy or immediate rental.
Investment Opportunity: Current rents of 3 units are below market value due to unadjusted rents, presenting a significant upside potential for market rental incomes.
This property offers a superb opportunity for investors or owner-occupants to capitalize on the rental market while enjoying a prime location in vibrant LA.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD2

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description Cul-De-Sac

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5405028022

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by LYNN DU TRAN • IRN REALTY • 626-378-8614
Bought with SANDY CHAN • IRN REALTY

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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