1010 Garfield Avenue, East Los Angeles, CA 90022

About this property

We are pleased to offer this "Turn-Key" 3 unit multi-family investment in the city of East Los Angeles. With many recent improvements such as new kitchens, bathrooms and exterior paint, a new investor can take advantage of the ease of management this property offers. All tenants pay for their own electricity & gas while the owner pays for water & trash. Tenants enjoy onsite parking, one per tenant, as well as gated secure entry. With a 25% down payment investment a new owner can look to earn between a 5.4% - 7.45% cash-on-cash return, very rare for this part of the city.

Listing description from the June 2019 sale, as reported to CRMLS.

Sale history

$590,000

Sold June 2019 · listed $595,000, on market April 2019 · MLS #CV19078351 · Source: CRMLS

Listing Agent: KRISTOPHER GERMAN · Listing Office: RE/MAX 2000 · Contact: 909-948-2988 · Bought with: Efren Valdovinos · Grapevine Realty Corp.

$551,500

Sold February 2018 · listed $550,000, orig. $575,000, on market December 2017 · MLS #BB17272781 · Source: CRMLS

Listing Agent: Henry Vega · Listing Office: Redfin Corporation · Contact: 877-973-3346 · Bought with: Sabena Sarma · Sabena Sarma

Explore East Los Angeles