5838 Allston Street
Los Angeles, CA 90022
3032 sqft | 8 beds | 4 baths | 0.13 acres | #WS24164213
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!
Property Details
- School DistrictMontebello Unified
- Lot DescriptionCornerLot, Yard
- ViewNeighborhood
- Sewer InformationPublicSewer
- CountyLos Angeles
- MLS #WS24164213
- Property SubtypeQuadruplex
- MLS #WS24164213
- Structure TypeQuadruplex
- Property TypePurchase
- Original List Price$925,000
- Acres0.1298
- Utility SourcePublic
- Cost925000
- Square Feet3032
- Year Built1955
- Bedrooms8
- Bathrooms4
- Full Baths4
- Stories2
- Parking Spaces4
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: EDWARD KOSASIH (#WS80003)
Listing Office: PARTNER Real Estate (#21150)
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