5838 Allston Street
Los Angeles, CA, 90022
$925,000
8 Beds
4 Baths
3,032 SqFt
0.13 Acres
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One VACANT Unit–We are pleased to present a Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area of East Los Angeles. Nestled near the renowned Citadel Outlets Shopping Center and just a few blocks away from the city of Montebello, this is a Great Investment and 1031 Exchange Opportunity that you don’t want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage. Spanning over 5,500sf Corner Lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. Each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. Given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% Upside in Rental Income. With its combination of Desirable Layout, Prime Location, and Value-Add potential, this asset is poised to deliver exceptional returns to its new owner. This won’t last!
LISTING AGENT: EDWARD KOSASIH
LISTING BROKERAGE: PARTNER Real Estate
5838 Allston Street
Los Angeles, CA

Property Details

Price:
$925,000
MLS #:
WS24164213
Status:
Active Under Contract
Beds:
8
Baths:
4
Address:
5838 Allston Street
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Aug 8, 2024
State:
CA
Finished Sq Ft:
3,032
ZIP:
90022
Lot Size:
5,653 sqft / 0.13 acres (approx)
Year Built:
1955
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Central Air
Fireplace Features
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Exterior

Community Features
Sidewalks, Street Lights
Garage Spaces
4.00
Lot Features
Corner Lot, Yard
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
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Public

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0.00

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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