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Listed by Peter Vallier • Benjamin Frank Venti Realty
$ 3,500,000
Est. payment /mo
Active
1006 South Record Avenue Los Angeles, CA 90023
9,798 SqFt
UPDATED:
12/06/2024 10:49 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,798 sqft
Price per Sqft $357
MLS Listing ID OC-24051871
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 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 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 looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.
Location
State CA
County Los Angeles
Zoning LCR4YY
Interior
Interior Features 2 Staircases
Cooling Central Air
Fireplaces Type None
Laundry Community, Dryer Included, Washer Included
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Street Lights
Utilities Available Propane, Water Connected, Cable Available, Electricity Connected
View Y/N No
View None
Building
Lot Description Level with Street
Sewer Unknown