$750,000
$750,000
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344 N Breed ST Los Angeles, CA 90033
6,155 Sqft Lot
Key Details
Sold Price $750,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PF22059059
Sold Date 06/01/22
HOA Y/N No
Year Built 1910
Lot Size 6,155 Sqft
Property Description
Amazing gross rent multiplier at 13.5, well below market average for this 4-unit property. Monthly gross rent is $4,620 when all units are occupied. Zoned R3, with alley access, may be able to build up to 7 units, buyer to verify with the city. There is a parking area large enough for at least 4 cars or maybe an ADU or two. Three of the four units are currently occupied by long term tenants, one unit is vacant. Just one block north of Cesar Chavez Ave with a ton of shops and restaurants, making it easy to rent these units. The exterior of the property is in good condition, roof is approximately 8 years old and newer exterior paint. The interior of the units are in need of TLC.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Fence Block
Pool None
Community Features Curbs
Utilities Available Electricity Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description Yard
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5175010010
Energy Description 564.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Alexander Gingrich Dilbeck Real Estate
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