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$ 1,695,000
Est. payment | /mo
6,128 Sqft Lot
$ 1,695,000
Est. payment | /mo
6,128 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24253478
HOA Y/N No
Year Built 1949
Lot Size 6,128 Sqft
Property Description
5076 Pickford is a 5-unit multi-family property situated in the diverse and up-and-coming Mid City neighborhood of Los Angeles. On the corner of Alsace Avenue & Pickford Street, one block from Redondo this centrally located apartment building is close to restaurants, Sprouts, trendy cafes, shopping and public transportation. There are of three 1 bedroom 1 bath units, and two 2 bedroom 1 bath units, all of which are under market rent which will allow for considerable future upside as tenants move out. Tenants pay ALL utilities including trash. There are 4 garages that generate $1,200 per month in income as well as a few spots in the driveway and some street parking. This prime investment property is in the opportunity zone. Sold as is with no warranties/guarantees made. Property will only be shown once offer is accepted. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Floor Furnace
Cooling None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5067017001
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Steve Doughty • Coldwell Banker Platinum Prop • 949-291-7851
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Escrow Joe
Realtor® | Lic# 01332311