5838 Allston Street, East Los Angeles, CA 90022
  • MLS#: WS24164222 ( Quadruplex )
  • Street Address: 5838 Allston Street
  • Viewed: 1
  • Price: $925,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 0
  • Days On Market: 100
  • Additional Information
  • County: LOS ANGELES
  • City: East Los Angeles
  • Zipcode: 90022
  • Provided by: PARTNER Real Estate
  • Contact: EDWARD EDWARD
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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! One of the Unit will be VACANT!!
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Assessments
  1. Special Assessments
Building Area Total
  1. 3032.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 96
Entry Location
  1. Ground level with steps
Fuel Expense
  1. 0.00
Garage Spaces
  1. 4.00
Insurance Expense
  1. 1500.00
Laundry Features
  1. Common Area
  2. Community
  3. Individual Room
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Corner Lot
  2. Walkstreet
  3. Yard
Netoperatingincome
  1. 83000.00
Parcel Number
  1. 6339006006
Parking Features
  1. Garage
Pool Features
  1. None
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 420688793:CRM
Tenant Pays
  1. All Utilities
Totalexpenses
  1. 2100.00
Trash Expense
  1. 600.00
Water Source
  1. Public
Year Built
  1. 1955
Year Built Source
  1. Public Records
Zoning
  1. LCR3YY