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5350 Verona Street
Los Angeles, CA 90022
Sold
5350 Verona Street
Los Angeles, CA 90022
Sold
We are pleased to present an eight (8) unit apartment building located at 5350 Verona Street in Los Angeles, California. The subject property is situated in a good East Los Angeles location, north of E Olympic Boulevard and east of S Atlantic Boulevard. Built in 1929, this property contains a solid unit mix of five (5) studio / one-bathroom units and three (3) one-bedroom / one-bathroom units. This character, Spanish style building features separate gas and electricity meters for each unit, and an additional meter for the common areas. Limited on-site parking is available at the rear of the building along with two (2) garage storage spaces that can be converted into multiple ADU unit(s). Tenants will enjoy the close proximity from the subject property to major commercial corridors on Whittier Boulevard and East Olympic Boulevard. In less than five (5) minutes, tenants can walk to the Commerce Center Shopping Mall for all purposes. Some amenities at the mall include Target, Happiness Clothing, Xtreme Wear, Ross, Churros Don Abel, and Starbucks. Outdoor recreation is also available nearby at the Montebello Country Club. Situated in a good East Los Angeles location, this offering presents an excellent opportunity for any investor capitalize on incredible rental upside potential in addition to building out multiple ADU unit(s) in a well-connected transportation hub of Los Angeles.
PROPERTY INFORMATION
| MLS # | 23297073 | Lot Size | 4,857 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,075,000
Price Per SqFt: $ 221 |
DOM | 642 Days |
| Address | 5350 Verona Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,872 Sq. Ft. |
| Postal Code | 90022 | Garage | N/A |
| County | Los Angeles | Year Built | 1929 |
| Bed / Bath | 3 / 0 | Parking | 3 |
| Built In | 1929 | Status | Closed |
| Sold Date | 2023-08-31 |
INTERIOR FEATURES
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,147
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/02/2023 | Listed | $1,075,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Jason Tuvia, Marcus & Millichap. 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.
