5407 Via Corona Street, Unincorporated, CA 90022

About this property

Located in a quiet, residential area bordering Monterey Park and Montebello, this well kept, low maintenance apartment building features five comfortable units: one sunny 2-bedroom front apartment with large picture windows overlooking the garden, and two one-bedroom apartments on the ground level and two above the four spacious garages. Key Points: • One turnkey apartment is ready for you to select your own tenant and price at market rate or to keep as an owner-occupied unit. • Ground level units have updated kitchens featuring granite counter tops, newer cabinets, and light fixtures as well as ceiling fans in either the bedroom, living room or kitchen. • All units include laundry facilities or service porches either within the apartment or just below their unit (currently used for storage by management). • Bathrooms have been updated with tile, vanity, and light fixtures in three units. • Building is located in Unincorporated Los Angeles and is not bound by Los Angeles CITY rent control although subject to Los Angeles County rental laws. • The development of ADU(s) in the current garage spaces to be considered by investor with verification by the Planning Department. • Easy access to bus and Metro L (Gold) line and proximity to Downtown Los Angeles, Dodger Stadium, several universities and shopping areas. Although highly desirable now, the location will likely increase its appeal due to the upcoming 2028 Olympics in Los Angeles. • Landscaping and plants have been modified for reduced water needs and minimal gardening, watering or maintenance requirements. • Newer windows in most of the ground level units. • Security cameras in place to monitor the building remotely.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$1,460,000

Sold March 2023 · listed $1,499,000, on market December 2022 · MLS #OC22240413 · Source: CRMLS

Listing Agent: Clinton Yap · Listing Office: C Y Associates · Contact: 949-246-3552 · Bought with: Michael Fukashima · KW Commercial

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