928 S Record Avenue

Los Angeles, CA 90023

$1,299,000

List Price

7

bed Beds

3

shower Baths

2,550 sqft

straighten / sqft

1956

calendar_month Built

Property Description

We are pleased to present a three (3) unit apartment building located in Los Angeles, California. The subject property is situated in a good East Los Angeles location, south of Whittier Boulevard and west of S Downey Road. Built in 1956, this property consists of an ideal unit mix of two (2) two-bedroom / one-bathroom units, and one (1) three-bedroom / one-bathroom house. All of the units have been recently renovated with hardwood flooring, new countertops, appliances, and in-unit washer and dryer machines. The two-bedroom units also feature a spacious den. The property is also gated and secure. The property is equipped with three (3) on-site parking spaces including two (2) garage spaces that can potentially be converted into multiple ADU units. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Lupe's Burritos, Regency Commerce, Pacific French Bakery, Nike Community Store, and Salazar Park. Positioned in a good East Los Angeles Location, this offering presents an exceptional opportunity for an investor to capitalize on a triplex with incredible initial cash flow and qualifies for 30-year fixed residential financing.

Listing Information

List Price $1,299,000
Status Active
MLS 24454143
Type Residential Income
Year Built 1956
Lot Size 7,200
Structure Size 2,550
DOM 48
Courtesy Of Marcus & Millichap
Listing Agent Jason Tuvia DRE#01772495
Co-Listing Agent Kian Maronde DRE#01952189

Interior Features

Kitchen Information
Features Stone Counters, Remodeled, Updated Kitchen
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 3
Flooring Information
Material Wood

Exterior Information

Other Structures
Features Covered
View Yes

Maps

Listing information courtesy of: Jason Tuvia, Kian Maronde, Marcus & Millichap 818-212-2735. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:26 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.