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$3,550,000
Est. payment /mo
20 Beds
7,654 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25242733
Bedrooms 20
Lot Size 7,654 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
This brand new property, built 2024,, is a fantastic to own as a primary or investment opportunity. It consists of 3 units plus 1 ADU. Each unit offers 5 bedrooms, 5 1/2 bathrooms, and a 2-car garage. The addresses are 4997 and 4995 W 23rd St, and 2231 and 2233 Longwood Ave. Each unit is approximately 2,000 sq. ft. and currently occupied by a long-term tenant paying $6,000 per unit, with an annual rent increase of 3.5% and a personal guarantee in place. The property features breathtaking, brand new smooth walls, up-to-date high-quality flooring and design, contemporary kitchen and countertops, and an open view from upstairs. Situated on a large corner lot, a highlight of this property is the ample parking available outside the property line, and each unit has its own 2-car garage.
Location
State CA
County Los Angeles
Zoning Estimated
Direction S. Labrea Av, W 21st St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5062020018
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Douglas Olsen Olsen Realty
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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