616 South Ford Boulevard
616 South Ford Boulevard
$920,000
5
4
2,162
2,162
$426
Closed 10/30/20
Description
Attention Investors- Looking for an investment property that is meticulously maintained, comes with paying tenants, and has lucrative rental rates in place? Than this is the one! 4 pride of ownership units offered for sale located in the heart of East Los Angeles. The property consists of all single-story units distributed amongst 3 separate structures. The first structure is a duplex, of which both units are 1 bedroom/1 bathroom. This building has undergone a major renovation with new copper plumbing,...Attention Investors- Looking for an investment property that is meticulously maintained, comes with paying tenants, and has lucrative rental rates in place? Than this is the one! 4 pride of ownership units offered for sale located in the heart of East Los Angeles. The property consists of all single-story units distributed amongst 3 separate structures. The first structure is a duplex, of which both units are 1 bedroom/1 bathroom. This building has undergone a major renovation with new copper plumbing, new main electrical panel, new individual subpanels, new electrical wiring throughout including plugs and switches, as well as fully remodeled modern style kitchens and bathrooms. These 2 units also have individual washer/dryer hookups as well as brand new appliances. The second structure is a detached 1 bed/1bath cottage with private washer/dryer hookups. The third structure is a detached 2bed/1bath cottage with private washer/dryer hookups. All units 100% tenant occupied and all rental payments current. All structures have brand new vinyl windows, as well as brand new exterior stucco. Driveway and parking area was recently replaced with brand new concrete and offers 6 tandem parking spaces. All units are separately metered for Electricity and Gas while the owner pays for water and trash. Great rental location close to schools, shopping and transportation. Great opportunity to buy Los Angeles real estate at a 5+%CAP Rate, and 14 GRM, which all amounts to positive cash-flow!
- Listed by KRISTOPHER GERMAN • DRE #01800021 • Brokerage DRE #01903052 • RE/MAX 2000
Property Details for 616 South Ford Boulevard
Parking Spaces Total
6
Private PoolNo
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2162
Assessor Parcel Number5247-011-003
Property Attached YNtrue
Location
LISTING UPDATED: 10/30/2020 09:53 AM
Property Details for 616 South Ford Boulevard
Status | Closed |
---|---|
MLS # | CV20198042 |
Days on Market | 17 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1947 |
Lot Size | 0.15 AC / 6,531 SF |
County | Los Angeles County |
Location
Building Information for 616 South Ford Boulevard
Stories1Residences-Year Built1947Building Size-Lot Size0.15 AC / 6,531 SF
Payment Calculator
$6,132 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 616 South Ford Boulevard
Property History for 616 South Ford Boulevard
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 616 South Ford Boulevard
Taxable ValueLand$468,180Additions$488,988Total$957,168
Tax Record2023$13,329 ($1,111 / month)
Home Facts
Total Finished SqFt2,162 SqFtAbove Grade Finished SqFt2,162 SqFtLot Size6,531 SqFtStyleQuadraplexYear Built1947ZoningLCR3YYCountyLOS ANGELESAPN5247-011-003
Schools near 616 South Ford Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 4 | |||
Charter - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
KIPP Raices Academy CharterK to 4 | ||
KIPP Academy Of Innovation Charter5 to 8 | ||
James A. Garfield Senior High School Public9 to 12 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.