5838 Allston Street
East Los Angeles, CA, 90022
$925,000
Beds
0 Baths
SqFt
0.13 Acres
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We are pleased to present a Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area of East Los Angeles. Nestled near the renowned Citadel Outlets Shopping Center and just a few blocks away from the city of Montebello, this is a Great Investment and 1031 Exchange Opportunity that you don’t want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage. Spanning over 5,500sf Corner Lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. Each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. Given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% Upside in Rental Income. With its combination of Desirable Layout, Prime Location, and Value-Add potential, this asset is poised to deliver exceptional returns to its new owner. This won’t last! One of the Unit will be VACANT!!

Property Details

Price:
$925,000
MLS #:
WS24164222
Status:
Active Under Contract
Baths:
0
Address:
5838 Allston Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
East Los Angeles
Listed Date:
Aug 8, 2024
State:
CA
ZIP:
90022
Lot Size:
5,653 sqft / 0.13 acres (approx)
Year Built:
1955
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Community Features
Curbs, Sidewalks, Street Lights
Garage Spaces
4.00
Lot Features
Corner Lot, Walkstreet, Yard
Parking Features
Garage
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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5838 Allston Street
East Los Angeles, CA