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642 Euclid Avenue
East Los Angeles, CA 90023
Sold
642 Euclid Avenue
East Los Angeles, CA 90023
Sold
5 Units LA for $165,000 Per Unit! Private Seller Financing Available! We are pleased to exclusively offer for sale this 5 unit multi-family investment property in the city of East Los Angeles. The property boasts an excellent unit of mix of; 1(3Bed/2Bath), 1(2Bed/1Bath), 3(1Bed/1Bath)s with a total rentable square footage of 3,650 SqFt. The property is 100% copper plumbing and the seismic retrofit has been completed. The current tenants have lived at the subject property for a number of years with rents rarely being increased. This property is poised for an investor familiar with tenant relocation as the property offers 250% upside in rental income. Tenants enjoy onsite parking and an onsite laundry facility. Private Seller Financing Terms: 30% Down Payment, 3 Year Term, 6% Interest Only Payments, no pre-pay penalty.
PROPERTY INFORMATION
| MLS # | CV23034544 | Lot Size | 5,499 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 825,000
Price Per SqFt: $ 226 |
DOM | 823 Days |
| Address | 642 Euclid Avenue | Type | Residential Income |
| City | East Los Angeles | Sq.Ft. | 3,650 Sq. Ft. |
| Postal Code | 90023 | Garage | N/A |
| County | Los Angeles | Year Built | 1968 |
| Bed / Bath | 8 / 0 | Parking | 5 |
| Built In | 1968 | Status | Closed |
| Sold Date | 2023-03-31 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community, Inside |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $880
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/31/2023 | Sold | $810,000 |
| 03/10/2023 | Pending | $825,000 |
| 03/01/2023 | Listed | $825,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Kristopher German, RE/MAX 2000 REALTY. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
