$2,385,000
$2,500,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
2159 La Canada Crest DR La Canada Flintridge, CA 91011
4,682 SqFt
Key Details
Sold Price $2,385,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,682 sqft
Price per Sqft $509
MLS Listing ID DW22215192
Sold Date 01/03/23
HOA Y/N No
Year Built 1962
Lot Size 8,807 Sqft
Acres 0.2022
Property Description
2159 La Canada Crest Dr. is a charming, well-maintained 5-unit apartment building located in the coveted La Canada Flintridge submarket. With limited apartment stock, great schools and a robust job market, this opportunity is a one of a kind for investors seeking to own in one of the nation's most prized cities.
The units are spacious, clean and well laid-out. All units have two bedrooms and one bathroom. Two of the units have an additional half bath. Unit features include some updated appliances, hardwood floors and large outdoor patios with panoramic hillside views.
The Building sits on the corner of La Canada Plaza Rd and La Canada Crest Dr. It is right off the main drag of Foothill Blvd where all the dinning, shopping and entertainment one could enjoy. Easy access to the 2 and 210 freeways. Very short drives to USC Verdugo Hills Hospital, Keck Medicine of USC, JPL and La Canada Flintridge Country Club. Tenants will also have an array of outdoor recreation activities at their disposal with many parks, trailheads, and campsites located in all the surrounding mountain ranges.
Investment opportunities in the area are fare and few between as one to two transactions take place in the apartment market here on a yearly basis.
Location
State CA
County Los Angeles
Area 634 - La Canada Flintridge
Zoning LFR3*
Rooms
Ensuite Laundry Common Area, Inside, Laundry Room
Interior
Laundry Location Common Area,Inside,Laundry Room
Fireplace No
Appliance Dryer, Washer
Laundry Common Area, Inside, Laundry Room
Exterior
Garage Attached Carport
Carport Spaces 5
Pool None
Community Features Foothills, Golf, Hiking, Near National Forest
Parking Type Attached Carport
Total Parking Spaces 5
Private Pool No
Building
Lot Description Item25UnitsAcre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5810015007
Energy Description 630.0
Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Albert Babayan • JohnHart Real Estate