East Los Angeles, CA 90022,5838 Allston ST
East Los Angeles, CA 90022,5838 Allston ST
East Los Angeles, CA 90022,5838 Allston ST
$850,000
Est. payment /mo
$925,000
8.1%
Est.Price: ?

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5,653 Sqft Lot
SOLD DATE : 12/31/2024

Key Details

Sold Price $850,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRWS24164222

Sold Date 12/31/24

Originating Board California Regional MLS

Year Built 1955

Lot Size 5,653 Sqft

Property 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!!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Laundry In Laundry Room, Laundry Area, Community Facility

Exterior

Parking Features Garage

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 6339006006

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by EDWARD KOSASIH • PARTNER Real Estate
Bought with Shawna Alcala Antonio

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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