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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,399,000

Est. payment - /mo

6,311 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26158258

HOA Y/N No

Year Built 1963

Lot Size 6,311 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional opportunity to acquire a fully occupied four-unit apartment building in one of Highland Park's most desirable neighborhoods. Located at 5620 Stratford Rd., this well-maintained income property features a strong unit mix consisting of all 2 bed 1 bath units with well designed floor plans and approximately 3,614 square feet of improvements on a 6,312-square-foot lot including carport parking for each unit and currently generates approximately $7,064 per month. Ideally situated north of York Boulevard, the property provides convenient access to Highland Park's vibrant dining, shopping, entertainment, and transportation corridors, as well as Downtown Los Angeles, Pasadena, and Eagle Rock. This is an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and ownership in one of Northeast Los Angeles' strongest rental markets. Property is being sold as part of a trust administration. Please do not disturb occupants. Drive-by only. Interior inspection is available upon accepted offer or by appointment with the listing agent.

Location

State CA

County Los Angeles

Area 632 - Highland Park

Interior

Fireplaces Type None

Fireplace No

Laundry In Kitchen

Exterior

Parking Features Assigned

Carport Spaces 4

Pool None

Community Features Suburban, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5485009025

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard, Trust

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Listed by Xochitl Rosales Socal City Properties robert@cusagroup.com, DRE #01773834

NEARBY SCHOOL & BUSINESS

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5620 Stratford Los Angeles, CA 90042