$435,000
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9,888 Sqft Lot
SOLD DATE : 06/26/2014
Key Details
Sold Price $435,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW14077248
Sold Date 06/26/14
HOA Y/N Yes
Year Built 1980
Tax Year 2013
Lot Size 9,888 Sqft
Property Description
Huge Price Reduction! Excellent investment opportunity. TENANT OCCUPIED! No HOA Well maintained 5 plex in West Lancaster. Great area for tenants, very close to shopping center and bus route. All units 2 bedroom 1 bath with living room and kitchen with eating area. The corner unit on the 2nd level is bigger than the others and can rent for more. The rents are very cheap at this time, new owner can raise rent for more income. 3 units on upper level and 2 units on lower level. 2 units on the lower level have patios. Also includes a small office with a bathroom, storage shed and a luxury unit on the premises. The complex has 8 covered parking spaces and 3 open spaces in a gated community. 3 Units @ $700 a month and 2 units @ $650 a month. Very low priced for the area. Also income from the laundry units.
Location
State CA
County Los Angeles
Area Qhl - Quartz Hill
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Unassigned
Carport Spaces 8
Pool None
Community Features Curbs, Street Lights, Gated
Utilities Available Sewer Available
Total Parking Spaces 11
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One
Water Public
Level or Stories One
Others
Senior Community No
Tax ID 3103023020
Security Features Gated Community
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Standard
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States