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Grace Chi

connect@placewithgrace.com +1(858) 815-0166

$ 1,600,000

Est. payment | -/mo

6 Beds

6 Baths

3,736 SqFt

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$ 1,600,000

Est. payment | -/mo

Save

6 Beds

6 Baths

3,736 SqFt

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 3,736 sqft

Price per Sqft $428

MLS Listing ID P1-27820

Bedrooms 6

Full Baths 6

Year Built 1947

Lot Size 0.333 Acres

Property Sub-Type All Other Attached

Property Description

Don't miss this incredible investment opportunity to purchase two detached two triplexes together with five adjacent vacant land parcels listed under MLS # P1-27046 ( Parcel #5216-007-011, 012, 017, 010 & 022) , comprising approximately 2.15 acres in total, the properties are offered as one package for $2,000,000 and are zoned LARD5 in a prime El Sereno location near Alhambra! This two triplexes featuring six 1 bedroom & 1 bath units along with six detached single car garages, one assigned parking on driveway to each unit. 2408 N Eastern Ave has one unit is expected to be delivered vacant in July, and the Seller plans to remodel it, adding value and enhancing its rental appeal. 2410 N. Eastern Ave has two units have recently become vacant and have been remodeled. Both two triplexes have separate driveways providing direct access to their garages, with 1.82 acres the vacant land situated immediately behind them. The five adjacent parcels are included in the sale. Of the total purchase price, $400,000. is allocated to the land. The property features a substantial amount of flat and usable land, offering excellent potential for future development of multiple residential buildings etc. ( Buyer to verify all development possibilities with the City of Los Angeles ). Ideally located just minutes from California State University, LA, South Pasadena, Alhambra and DTLA, with convenient access to the 10, 110 and 710 major freeways, transit options, shopping, dining and other local amenities. A rare opportunity for investors, developers, or owner-users seeking immediate rental income w

Location

State CA

County Los Angeles

Zoning LARD5

Direction Located North of Valley Blvd, South of Huntington Dr.

Interior

Interior Features Sunken Living Room, Unfurnished

Cooling Wall/Window

Flooring Laminate, Tile

Fireplace No

Appliance N/K, Gas Oven, Gas Stove, Gas Range

Exterior

Parking Features Assigned

Garage Spaces 6.0

Fence Chain Link

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 6

Building

Story 1

Sewer Public Sewer, Sewer Paid

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 5216007006

Acceptable Financing Cash, Exchange, Cash To New Loan, Submit

Listing Terms Cash, Exchange, Cash To New Loan, Submit

Special Listing Condition Standard

Listed by Chit Yip, DRE#01885125 Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

+1(858) 815-0166

connect@placewithgrace.com

8322 Clairemont Mesa Blvd Suite 206, Diego, California, 92111, United States

2408 N Eastern Avenue Los Angeles, CA 90032

Grace Chi

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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2408 N Eastern Avenue