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265 E 45th ST Los Angeles, CA 90011
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS22047096
Sold Date 06/21/22
HOA Y/N No
Year Built 1910
Lot Size 6,952 Sqft
Property Sub-Type Triplex
Property Description
Cash Flowing Triplex with Long-Term Tenants! Centrally located near Downtown Los Angeles in a desirable rental area of South Park, this three-unit property offers investors a unique opportunity for a potentially huge upside in rental increases. One of the two bedrooms 1 bath unit is recently renovated with new kitchen, new bathroom, new windows, new flooring and new paint. the other two tenant occupied units do need TLC and will be sold “as-is.” Two of the spacious units each include two bedrooms, one bathroom, and one carport space, while one unit has one bedroom and one bathroom. All units feature tons of natural light, a neutral color scheme, a sizeable living room, and an eat-in kitchen with ample cabinetry and solid surface countertops. In addition to the 2-car carport parking, the double-wide driveway provides easy access, as well as parking options for guests. Other features: gated parking, separate gas meters, separate electric meters, storage throughout, only steps from grocery stores, fast food choices, restaurants, South Park Recreation Center, and gas stations, quick 10-minute drive from Downtown Los Angeles, close to shopping, I-110, schools, and entertainment, and so much more! Ideal for savvy investors looking to add cash flowing assets to their portfolio, this “as-is” triplex delivers with long-term tenants and the potential for rental increases.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Carport, Detached Carport, Driveway, Off Street, One Space
Carport Spaces 2
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Near Public Transit, Paved, Street Level, Walkstreet
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5109011054
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Stephen Eng • RE/MAX of Cerritos