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
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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Schools
Interior
Exterior
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
Financial
Tenant Pays
All Utilities
Map
Community
- Address5838 Allston Street East Los Angeles CA
- Area699 – Not Defined
- CityEast Los Angeles
- CountyLos Angeles
- Zip Code90022
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Courtesy of Your Home Sold Guaranteed Rlty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
5838 Allston Street
East Los Angeles, CA
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