Property Details
About this Property
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!
MLS Listing Information
MLS #
CRWS24164213
MLS Source
California Regional MLS
Days on Site
108
Interior Features
Fireplace
None
Cooling
Central Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Elementary District
Montebello Unified
High School District
Montebello Unified
HOA Fee
$0
Zoning
LCR3YY
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
5838 Allston St is a Quadruplex in Los Angeles, CA 90022. This 3,032 square foot property sits on a 5,653 Sq Ft Lot and features 8 bedrooms & 4 full bathrooms. It is currently priced at $925,000 and was built in 1955. This address can also be written as 5838 Allston St, Los Angeles, CA 90022.
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This listing information is up-to-date as of November 15, 2024. For the most current information, please contact EDWARD KOSASIH, (626) 789-0159
