5838 Allston Street East Los Angeles, CA 90022
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!!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site38 Days
- MLS StatusActive
- MLS ID NumberWS24164222
- Home Size Source N/A
- Year Built1955
- Lot Size0.1298 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Garage
- Parking Spaces 4
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.1298
- Water Public
- Property Sub Type Quadruplex
- Garage Spaces 4
- Zoning LCR3YY
- Listing Conditions Standard
Interior Features
- Laundry Features Common AreaCommunityIndividual Room
Exterior Features
- Pool Features None
- Lot Corner LotWalkstreetYard
Community Features
- Community Features CurbsSidewalksStreet Lights
- Senior Community No
- MLS Area 699 - Not Defined