CA > Los Angeles
Los Angeles, CA 90022,5838 Allston ST
Los Angeles, CA 90022,5838 Allston ST
Los Angeles, CA 90022,5838 Allston ST
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$925,000
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8 BD
4 BA
3,032 SqFt
Active

5838 Allston ST Los Angeles, CA 90022

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Joshua Shorter

Joshua Shorter

+1(702) 728-0089

UPDATED:

11/15/2024 03:26 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,032 sqft

Price per Sqft $305

MLS Listing ID WS24164213

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1955

Lot Size 5,654 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LCR3YY

Rooms

Main Level Bedrooms 3

Interior

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Attached Garage No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot, Yard

Dwelling Type Quadruplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Montebello Unified

Others

Senior Community No

Tax ID 6339006006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard, Trust

California Regional MLS (CRMLS)
Listed by EDWARD KOSASIH • PARTNER Real Estate • 626-474-3288

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Joshua Shorter

RE.S.0191694

+1(702) 728-0089

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5838 Allston ST