$1,650,000
$1,690,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
2164 La Canada Crest DR La Canada Flintridge, CA 91011
10,018 Sqft Lot
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB18174084
Sold Date 11/20/18
HOA Y/N No
Year Built 1963
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Rare four-plex in prime LaCanada location! Each unit has its own private patio/yard, fireplaces, spacious, lots of natural light, and with spectacular city and mountain views. The building has 4 covered parking spaces, on site laundry, close to the shopping and restaurants, and easy access to the freeway. These units are all extremely under rent, and approximately 100% upside in rents (2 of the tenants have vacated since the listing was taken, and these units are ready to be rented or renovated as soon as escrow closes! The third unit is owner occupied, and will be delivered vacant as well upon close of escrow if buyer desires). Although each unit is only one bedroom, there is a large den in each unit as well with closets in them. All tenants are long term tenants, and all leases are month-to-month. This property is not subject to rent control. Drive by only, and please do not disturb or talk with tenants. Seller intends to do a 1031 Tax Deferred Exchange, and buyer must agree to cooperate at no cost to the buyer. The seller is motivated!
Location
State CA
County Los Angeles
Area 634 - La Canada Flintridge
Zoning LFR3*
Rooms
Ensuite Laundry Common Area, Inside
Interior
Laundry Location Common Area,Inside
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area, Inside
Exterior
Garage Covered
Carport Spaces 4
Pool None
Community Features Curbs, Sidewalks
Parking Type Covered
Total Parking Spaces 4
Private Pool No
Building
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5810016011
Energy Description 1800.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Levon Alexanian • Keller Williams World Media Ce