6129 Allston Street Los Angeles, CA ^$ 2,650,000

6129 Allston Street

^$ 2,650,000

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6129 Allston Street

Los Angeles, CA, 90022

^$ 2,650,000

Studio Baths0.0 Sq 7,443

Monthly Estimate*

^$ 18,511

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,650,000. This 7,443 square foot home was built in 1929 on a lot size of 0.11.

We are pleased to present a great investment opportunity located in Unincorporated East Los Angeles. A unique mix of spacious Studios and 1 Bed + 1 Bath units. With many recent capital improvements (including copper plumbing - horizontal & vertical), this ideal real estate investment delivers a new owner to a well maintained property. The strong in-place rents still have realistic upside potential. This pride of ownership property is within a short distance to Whittier Blvd, a quick drive to Downtown Los Angeles as it is near the 60, 710 and 5 freeways. Buyer to assume the current Chase Loan (Apprx. $1,325,000 at 4.37% interest rate fixed until 07/01/2027 (contact listing agent for more details. Although rent control ordinance is in effect, this opportunity to increase rents is still allowable when due.

Multi-Family Active

Price

^$ 2,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.11

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023325569

Features

General

Possession Close of Escrow

Zoning LCR3YY

Year Built 1929

Levels Two

County Los Angeles

Net Operating Income 151300.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area ELA - East Los Angeles

Lot Size Square Feet 4993.0

Street Name Allston

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Garage None Street

Lot Size Area 4993.0

Building Area Total 7443.0

Lot Size Acres 0.11

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Shant Sherbetdjian

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$18,511

Per Month

Monthly Principal & Interest: $18,511
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,031,098

Percent of Sale Price 23%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/27/2023	$2,650,000		Listed Price

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6129 Allston Street, Los Angeles, CA, 90022 is a Multi-Family Home for sale at $2,650,000 with 7,443 sqft and a lot size of 0.11. 6129 Allston Street is a studio with 0.0 baths and was built in 1929. The property's zip code is 90022 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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6129 Allston Street

Multi-Family Home for sale in Los Angeles, CA

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