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Real Living Pacific Realty
(800)660-9140

1431 South Woods Avenue, EAST LOS ANGELES CA, 90022

(Closed)
Sold Price:
$1,400,000
Date:09/19/2014
|
8,230 sqft
|
MLS# SR13202035
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Listing Provided Courtesy Of: Buena Vista Realty Estate Group
Last Updated: 9/30/2014 12:11 PM
Description for 1431 South Woods Avenue EAST LOS ANGELES, CA 90022
$100,000 Reduction!!! INVESTMENT OPPORTUNITY - NO RENT CONTROL. Back on the Market - SELLERS ARE VERY MOTIVATED! Well maintained 14-unit apartment building in East Los Angeles. Great location in a strong rental market. Structure 8,230 Sq. ft., two-story building consisting of 14 Beds 14 baths (per public records), three units have an extra small room. Basement, and two storage rooms converted without permits (extra income) not included in the gross income. Each unit is individually metered for gas and electric. Seller recently updated main sewer pipe and electrical systems. Three or four units may be singles; one unit has two bedrooms (per seller), bathtubs from five units were removed. Parking on the Street, no garages, Buyer to fully investigate and verify all information with the City. Accessible to 5 & 710 freeways, Atlantic Blvd and Telegraph Rd. Take advantage of historically low interest rates and benefit from positive cash flow. Download supplemental "1431 Woods - Executive Summary" for additional rent roll information.
Price
Sold Price:
$1,400,000
Sold Date:09/19/2014
Los Angeles
8,230 (approx)
SR13202035
Closed
Description
$100,000 Reduction!!! INVESTMENT OPPORTUNITY - NO RENT CONTROL. Back on the Market - SELLERS ARE VERY MOTIVATED! Well maintained 14-unit apartment building in East Los Angeles. Great location in a strong rental market. Structure 8,230 Sq. ft., two-story building consisting of 14 Beds 14 baths (per public records), three units have an extra small room. Basement, and two storage rooms converted without permits (extra income) not included in the gross income. Each unit is individually metered for gas and electric. Seller recently updated main sewer pipe and electrical systems. Three or four units may be singles; one unit has two bedrooms (per seller), bathtubs from five units were removed. Parking on the Street, no garages, Buyer to fully investigate and verify all information with the City. Accessible to 5 & 710 freeways, Atlantic Blvd and Telegraph Rd. Take advantage of historically low interest rates and benefit from positive cash flow. Download supplemental "1431 Woods - Executive Summary" for additional rent roll information.
Listing Information
Property Type: Multi-Family
6,382 Sq. Ft. Public Records 8,230 (approx)
$170.11 1929
Water District, Public
In Street, In Street, In Street
14 Total
Neighborhood
Room Information
Other
None
Interior Features
Garbage Disposal
Fire and Smoke Detection System
Exterior / Lot Features
SE Exposure
Frame
Barrel
None
No Pool
LCR4YY
Sidewalks
Financial Considerations
5245024013
Cash To New Loan
Income ,$40,624
147000.0000
Semi Annually
Listing Price History

EAST LOS ANGELES Real Estate

EAST LOS ANGELES is located in California. EAST LOS ANGELES, California 90022 has a population of  126,751.

The median household income in EAST LOS ANGELES, California 90022 is $36,755. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in EAST LOS ANGELES 90022 is 29 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Buena Vista Realty Estate Group Julio Pilco
The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Information is deemed reliable but is not guaranteed.

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