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$925,000
8 bed
4 bath
3,032 Sqft
5,653 Sqft lot

5838 Allston Street, Los Angeles, California 90022

  • Residential Property Type
  • 17 Days Time on market
  • $305 Price per sqft
  • 1955 Year Built
Property Description

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!

Basic Details
Residential
Buy
WS24164213
$925,000
8
4
3,032 Sqft
1955
5,653 Sqft
Active
Quadruplex
Multi-family
Features
: Central Air
: Neighborhood
: Sidewalks, Street Lights
4
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90022
5838 Allston Street
5838
Street
0
W119° 51' 17.7''
N34° 0' 51.2''
Additional Information
17
1
2
2
4
: Two
1
: See Remarks
4
1
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
0.13 Sqft
5,653 Sqft
1
: End Unit
0 Sqft
LCR3YY
6339006006
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
08/11/2024
10/11/2024 00:01:52
$0
: Standard, Trust
Cash,Conventional
cross street: E Olympic Blvd/Simmons Ave
PARTNER Real Estate
EDWARD KOSASIH
21150
WS80003
$0
93
1
: Corner Lot, Yard
1
: Quadruplex
1
1
: Square Feet
4
252
1
US-06037-N-6339006006-R-N
Quadruplex
08/11/2024 17:57:36
Allston
699 - Not Defined
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