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3210 EDWARD AVE Los Angeles, CA 90065
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Key Details
Sold Price $795,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,292 sqft
Price per Sqft $615
MLS Listing ID 19492196
Sold Date 08/30/19
Bedrooms 2
HOA Y/N No
Year Built 1956
Lot Size 4,861 Sqft
Acres 0.1116
Property Description
Located in one of the hottest NELA neighborhoods, Glassell Park, this two house cash cow is as hip as it is a great investment. Each of the 1 bedroom, brightly colored "jewel boxes" are heavy hitters in the income department bringing in $1,800 in the front house and $2,013 in the back house. Both homes are filled with natural light and character details like wood floors, period tiles, and original windows. The back house has central heat and air. There's a cute patio area with a built-in bench behind the detached garages and the rear house benefits from a private side and backyard. This is a great starter investment that cashflows with about 20% down. That's not easy to find in a two-unit property in this condition.
Location
State CA
County Los Angeles
Area 623 - Glassel Park
Zoning LAR1
Interior
Fireplace No
Exterior
Garage Door-Multi, Garage
Garage Spaces 1.0
Garage Description 1.0
Parking Type Door-Multi, Garage
Total Parking Spaces 2
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 5457017026
Special Listing Condition Standard
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Bought with Jessica Webb-Simpson • Figure 8 Realty