6129 Allston Street, Los Angeles, CA 90022

$1,950,000 Approx. USD 0 beds, 14 baths
7,443 sqft

Agent Remarks

We are pleased to present for sale this 14 Unit Multi-Family investment opportunity in Unincorporated East Los Angeles. Built in 1929, the property consists of ten (10) spacious studios and four (4) 1 bedroom/1 bath units spread across 7,433 square feet of building space situated on a 4,993 Square Foot Lot. This NON RENT CONTROL asset with a unique mix of studios and one bedroom units holds a stable occupancy history in one of the lowest vacancy pockets in Los Angeles. The units are walking distance to Whitter Blvd and minutes away from its desirable neighboring cities of Montebello and Monterey Park. This trophy investment is a perfect example of an owner that takes pride in their ownership. The units have been professionally and proactively managed since 2004 and have undergone many recent capital improvements such as being seismically "Earthquake"reinforced in 2004. Also in 2016, the entire properties plumbing system was upgraded to Type L Copper - Horizontal and Vertical.

Listing Details

Property type: (Multi-Family)
Status: Backup Offer
MLS# 16-123048
List price is $1,950,000
Beds: 0
Baths: 14
Built in 1929
7,443 sqft
2 Story stories
County: Los Angeles
Zoning: LCR3YY
Parking type: Garage
Heating description: Wall Heater
MLS area: East Los Angeles (ELA)

Last Updated: 10/14/2016

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This listing belongs to the East Los Angeles (ELA) MLS area

The listing is zoned LCR3YY.
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Lat/Long: 34.016296, -118.140640.
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Broker: Courtesy of Remax Commercial and Investment Realty
Listing Agent: Shant Sherbetdjian

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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