Los Angeles CA  home offered at $900,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

513 S Arizona Avenue
Los Angeles, California CA 90022-1809
Sold For: $850,000
Listing ID: IV22191001
Price/SqFt: $398.69
Status: Closed
Sold Date: 3/08/2023
SqFt: 2,132 Sq Ft
Acres: 0.170 Acres
Year Built: 1957

ATTENTION ALL INVESTORS!!! LARGE FAMILIES/MULTIPLE FAMILIES!!!! BUYERS!!!! Real estate 101 Location Location Location!!! For the first time ever this beautiful triplex is going to market. Buyer’s this is opportunity knocking at your door. There is no other street like this one. Arizona Ave is an Awesome Street to live on. 4 Lanes with a Tree Lined Median in the Center. The street has always been well maintained, excellent lighting, good neighbors. It is also very quiet at night. Close to the 710, 60, and 5 Fwy’s, far enough away you can’t hear them. This location is less than a half mile, 3-4 minute drive or 10 minute walk to an Elementary, Middle and/or High schools. If you have kids in college no problem Approximately 1 Mile from ELAC and 2 miles from Cal State. It gets better, walking distance from Food/restaurants and Shops, The Gold Line, Comprehensive Medical Center, Beautiful Park with Lake, Public Library, City Hall, and Sheriff Station The Fire Station is less than 1 mile away. As you go into property a custom electric gate opens the complex for you. Plenty of parking with 2 Apartments both 2 BR/1BTH All new windows, New Cabinets/Refinished Cabinets, Hardwood Floors/Vinyl in both kitchens, one bathroom /Washer/Dryer Hook ups and A/C Wall Units in each apartment in the back. In the front you will find 2 BR/1 BTH Fixer Upper Home with a cellar/workshop area. This house needs some work. This location and property is truly a Great Location and so close to everything. There’s no trouble finding tenants. Approximately 5 miles from The Shops at Montebello and Montebello Town Square Approximately 7-8 Miles from Downtown Los Angeles, Staples Center Too many things to list!

Primary Features

County: Los Angeles
Price/SqFt: 398.69
Property Type: Residential Income
Year Built: 1957
Zoning: LCR2*

Interior

Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Cooling: yes
Cooling Type: Wall/Window Unit(s)
Heating: yes
Heating Type: Wall Furnace
Laundry: yes
Laundry Features: Gas Dryer Hookup, In Kitchen, Inside, Stackable

External

Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 6500-9999
Lot Size Area: 7390
Lot Size Source: Assessor
Lot Size Square Feet: 7390
Number Of Buildings: 2
Pool Features: None
Private Pool: no
Property Attached: yes
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 699 - Not Defined

Additional

Additional Parcels: no
Association: no
Community Features: Biking, Park, Sidewalks
Days On Market: 41
List Agent State License: 01357677
List Office State License: 01742537
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 1
Number Of Units Leased: 1
Number Of Units Total: 3
Parcel Number: 5247020011
Senior Community: no
Year Built Source: Seller

Financial

Fuel Expense: 100
Gross Scheduled Income: 21000
Insurance Expense: 1200
Land Lease: no
Net Operating Income: 18500
Operating Expense: 2500
Price Per Unit: 300000
Rent Control: yes
Special Listing Conditions: Trust
Tax Block: 21
Tax Census Tract: 5315.04
Tax Lot: 18
Tax Tract Number: 4190
Total Actual Rent: 1750
Total Expenses: 2500
Trash Expense: 240
Water Sewer Expense: 960

Zoning Info


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Listed by: VICTORVELASQUEZ, DRE #01357677 from JOSHUA D. NAGGAR, BROKER

Contact - Listing ID IV22191001

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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