5838 Allston Street
East Los Angeles, CA 90022
0.13 acres | #WS24164222
Description
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! One of the Unit will be VACANT!!
Property Details
- Lot DescriptionCornerLot, Walkstreet, Yard
- Stories2
Measurements
- Acres0.1298
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1955
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$925,000
Other
- MLS #WS24164222
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: EDWARD KOSASIH (#WS80003)
Listing Office: Your Home Sold Guaranteed Rlty (#21150)
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