1137 Sunvue Place, Los Angeles, CA 90012
Fourplex
Sold October 2024
Listing Agent: LYNN DU TRAN (DRE #01035977) · Listing Office: IRN REALTY · Contact: 626-378-8614 · Bought with: SANDY CHAN · IRN REALTY · MLS #WS24133819 · Source: CRMLS
About this fourplex
Location Location Location Echo Park Neighborhood. This unique multi-family 4-unit property is ideally situated near Downtown Los Angeles, Chinatown, Silver Lake and Dodger Stadium. It offers excellent connectivity with convenient access to the #2, #5, #10, #101, and #110 freeways, the Gold Line, and multiple bus routes. Unit Details: Each unit featuring 1 bedroom, 1 full bath, a dining area, living room, kitchen, laundry room, and detached 1-car garage. Amenities: Spacious floor plans, individual water heaters, and separate gas and electricity meters for each unit. Occupancy: 3 out of 4 units are occupied by long-term tenants on month-to-month leases. 1 unit is move-in ready with new paint, new lights, and nice wood flooring, perfect for owner occupancy or immediate rental. Investment Opportunity: Current rents of 3 units are below market value due to unadjusted rents, presenting a significant upside potential for market rental incomes. This property offers a superb opportunity for investors or owner-occupants to capitalize on the rental market while enjoying a prime location in vibrant LA.
Listing description from the October 2024 sale, as reported to CRMLS.
Sale history