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$925,000
6 bed
4 bath
0 Sqft
5,653 Sqft lot

5838 Allston Street, East Los Angeles, California 90022

  • Residential Income Property Type
  • 89 Days Time on market
  • 1955 Year Built
Property Description

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! One of the Unit will be VACANT!!

Basic Details
Residential Income
Buy
WS24164222
$925,000
6
4
0 Sqft
1955
5,653 Sqft
Active
Quadruplex
Multi-family
Features
: Sidewalks, Curbs, Street Lights
4
$0
: Public Sewer
Address
CA
Los Angeles
East Los Angeles
90022
5838 Allston Street
5838
Street
0
W119° 51' 17.7''
N34° 0' 51.2''
Additional Information
89
1
2
2
: Two
: Laundry Room, Common Area
4
3,032 Sqft
1
0 Sqft
0 Sqft
0.13 Sqft
5,653 Sqft
1
: End Unit
0 Sqft
LCR3YY
6339006006
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
25/08/2024
28/08/2024 00:01:13
$0
: Standard, Trust
Cash,Conventional
cross street: E Olympic Blvd/Simmons Ave
PARTNER Real Estate
EDWARD KOSASIH
21150
WS80003
$0
95
1
: Corner Lot, Yard, Walkstreet
1
1
: Square Feet
1
2
4
1
4
4
252
84000
US-06037-N-6339006006-R-N
Quadruplex
06/10/2024 21:45:21
Allston
699 - Not Defined
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