565 Margaret Avenue, Los Angeles, CA 90022

About this property

Property features three 2bed/1bath units. Front Building consist of two units with 2 bedrooms and 1 bathroom all with hardwood floors, newer kitchen cabinets with granite counters, windows, bathrooms. Detached rear unit is the newest unit with a 2 bedroom 1 bath also redone with newer windows, electrical panel, flooring, kitchen cabinets, granite counters. Storage for front units located in back. Conveniently located near shopping, parks, schools, and freeway. Water is currently paid by tenants. Front units have newer heaters and a newer water heater. Every unit comes with washer and dryer hook up inside. Front yard is currently maintained by front unit. They are fully occupied in high demand area. All tenants are on month by month lease. Cap rate over 5%. No Rent Control!

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

Sale history

$835,000

Sold June 2021 · listed $825,000, on market March 2021 · MLS #AR21063113 · Source: CRMLS

Listing Agent: Jing Li · Listing Office: Treelane Realty Group Inc. · Contact: 626-656-2889 · Bought with: ANTHONY SHAW · FIRST TEAM REAL ESTATE

$526,000

Sold October 2014 · listed $559,900, on market December 2013 · MLS #TR13241944 · Source: CRMLS

Listing Agent: Trinidad Gaeta · Listing Office: Re/Max Top Producers · Contact: 909-590-8853 · Bought with: Jing Li · RE/MAX 6000 Realty

$400,000

Sold August 2013 · listed $524,900, on market July 2013 · MLS #CV13144210 · Source: CRMLS

Listing Agent: DAVID FRANCO · Listing Office: RE/MAX TOP PRODUCERS · Contact: 909-590-8853 · Bought with: Trinidad Gaeta · Re/Max Top Producers

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