Listing Agent: PARTNER Real Estate
5838 Allston St
Los Angeles, CA 90022
$925,000
Active Under Contract
Overview
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!
...
8 Beds
4 Full Baths
3,032 ft2
5,653 ft2
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December, 2024
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5838 Allston St
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Details
General
Stories
2
Bedrooms
8
Bathrooms
4 full, partial
Square footage
3,032 sq. ft.
Lot size
5,653 sq. ft.
Pool
No
Year built
1955
Other
Type
Multi-family
Listing information
MLS #
WS24164213
APN
6339006006
Listing Agent
PARTNER Real Estate
Attribution Contact
626-474-3288
Status
Active Under Contract
Location
Neighborhood
County
Los Angeles
5838 Allston St, Los Angeles, CA 90022
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