$ 3,500,000
1006 S Record Avenue Los Angeles, CA 90023
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Listed by Peter Vallier • Benjamin Frank Venti Realty
$ 3,500,000
Est. payment /mo
Active
1006 S Record Avenue Los Angeles, CA 90023
9,798 SqFt
UPDATED:
09/04/2024 12:49 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,798 sqft
Price per Sqft $357
MLS Listing ID CROC24051871
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1990
Lot Size 8,742 Sqft
Property Description
Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, which is very rare in this area. Each 6 unit building can be sold separately for $1,750,000. Each building has one one-bed/bath ,two two/one-bath units and three two/two-bath units. Each building has its owner separate washer and dryer in a common area. The property is in a dense residential area of East Los Angeles, one of LA’s oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students l
Location
State CA
County Los Angeles
Interior
Heating Propane
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Community Facility, Dryer, Washer
Exterior
View None
Handicap Access Other
Building
Lot Description Level
Water Public
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