1258 S Woods AVE, Los Angeles, CA 90022
1258 S Woods AVE, Los Angeles, CA 90022
1258 S Woods AVE, Los Angeles, CA 90022
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,100,000
Est. payment /mo
5,462 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26157924

HOA Y/N No

Year Built 1929

Lot Size 5,462 Sqft

Property Sub-Type Apartment

Property Description

Actual 9.9 GRM/6.3% Cap Rate! This is a unique opportunity to acquire a 6 unit multifamily
property located in Unincorporated LA so it does NOT fall
under city of LA RSO.
Built in 1929, this Spanish style property is comprised of
two separate buildings totaling 4,186sf and comprised of
(6) large 1 bed/1 bath units, with decent layouts, full
kitchen & bath, roomy bedroom, washer/dryer hookups,
and One unit delivered Vacant and in rent ready
condition.
The current tenants have good rent histories, and the
property offers a strong stabilized investment with built in
upside in the rents in a high demand rental market.
On a 5,464sf size lot zoned LC-R4, there a total of 6
garages in the rear w/ alley access, providing an ideal
opportunity for an ADU conversion. Well located in East
Los Angeles near multiple freeways, and near Citadel
Outlets. This is a true Value Add Opportunity!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Exterior Feature Rain Gutters

Parking Features Door-Single, Garage, Garage Faces Rear

Garage Spaces 6.0

Garage Description 6.0

Fence Wrought Iron

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Roof Type Spanish Tile

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre, Back Yard, Front Yard, Lawn

Faces West

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5245013015

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Brian Noh Nohco Real Estate 9493085775, DRE #01438155

NEARBY SCHOOL & BUSINESS

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