$585,000
$595,900
1.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,808 SqFt
SOLD DATE : 10/31/2024
Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,808 sqft
Price per Sqft $323
MLS Listing ID 24-445147
Sold Date 10/31/24
Bedrooms 4
Year Built 1913
Lot Size 5,129 Sqft
Acres 0.1177
Property Description
PROBATE SALE: **6017 Wall Street** offers a unique investment opportunity with four separate dwellings on one lot. This **income property** features strong upside potential for savvy investors or developers. Market rents for 1BDS. are as high as $2,000 a month and 4-plexs are selling for over $920,000! While in need of some TLC, this property sits on a generously sized lot, offering plenty of room for value-add improvements or possible redevelopment. Positioned near local amenities and major transportation routes, this property is poised to benefit from the neighborhood's growth. Don't miss out on this rare chance to unlock significant value with a little vision and effort. Property is being SOLD AS IS! Seller is administrator of the families estate and hasn't occupied the property in over ten years. They make no guarantees and it is buyers responsibility to verify all information about the subject property. One of the units is occupied with a family member thats not paying rent. He is open to relocation.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Equipment Other
Exterior
Garage Driveway, On street
Building
Level or Stories One
Others
Special Listing Condition Probate Listing
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Mazdak Sarehkhani
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "