5838 Allston ST Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90022
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,032 sqft
Price per Sqft $305
MLS Listing ID WS24164213
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1955
Lot Size 5,654 Sqft
Property Description
One VACANT Unit--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!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCR3YY
Rooms
Main Level Bedrooms 3
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights,Sidewalks
View Y/N Yes
View Neighborhood
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot,Yard
Dwelling Type Quadruplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Montebello Unified
Others
Senior Community No
Tax ID 6339006006
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard,Trust