Los Angeles, CA 90011,265 E 45th ST
$650,000
$650,000
Est.Price: ?

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6,952 Sqft Lot

265 E 45th ST Los Angeles, CA 90011

Est. payment /mo
SOLD DATE : 06/21/2022

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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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California Regional MLS (CRMLS)
Listed by Stephen Eng • RE/MAX of Cerritos
Bought with Stephen Eng • RE/MAX of Cerritos

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agent

Ryan Mills

REALTOR® | License ID: 01434392

+1(805) 491-4611

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