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4875 Axtell Street, Los Angeles, CA 90032

Property · 2 recorded sales since 2015

4875 Axtell Street, Los Angeles, CA 90032 Sold April 2021 CRMLS
$883,138Sold April 2021

Listing Agent: Brian Gordon (DRE #01302670) · Listing Office: Lotus Property Services, Inc. · Contact: 626-582-8001 · Bought with: Chao Chiao · IRN Realty · MLS #AR21023022 · Source: CRMLS

6,128 sqft
Lot Size
1924
Year Built
Property
Type
1
Stories
0
Garage

About this property

Attention investors…5 units under $200K per door! Act now on this 5-unit multi-family property with strong rental income and lots of building character located in lower Monterey Hills area not far from Alhambra. Situated on a generously sized lot with three separate building structures, each unit is single level and includes designated parking. Below market rents offers the new ownership significant rental upside of 20% or greater. Separately metered for both electricity & gas plus a well-maintained property, this investment offers historically low expenses, ease of management and superb cash flow. Unit mix: one 2 bed/1 bath house and four 1 bed/1bath units. The prime location is in an upcoming area surrounded by plenty of large and new developments. Priced for a quick sale at only $990,000 this investment will not last long!

Listing description from the April 2021 sale, as reported to CRMLS.

Sale history

$883,138
Sold April 2021 · listed $990,000, on market February 2021 · MLS #AR21023022 · Source: CRMLS
Listing Agent: Brian Gordon · Listing Office: Lotus Property Services, Inc. · Contact: 626-582-8001 · Bought with: Chao Chiao · IRN Realty
$600,000
Sold October 2015 · listed $608,000, on market July 2015 · MLS #WS15159402 · Source: CRMLS
Listing Agent: CHRYSTAL TCHAN · Listing Office: REAL ESTATE EBROKER INC. · Contact: 760-722-3222 · Bought with: Darren Hubert · Keller Williams Rlty Los Feliz
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