1006 S Record Avenue, Los Angeles, CA 90023

  • $3,500,000
  • $357
1006 S Record Avenue, Los Angeles, CA 90023
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1990
  • Year Built
For Sale
1006 S Record Avenue, Los Angeles, CA 90023
  • $3,500,000
  • $357

Overview

Property ID: SGR-26388616
  • Residential Income
  • Property Type
  • 0.00
  • Garage
  • 1990
  • Year Built

Description

Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles.

A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property.

Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, which is very rare in this area.

Each 6 unit building can be sold separately for $1,750,000. Each building has one one-bed/bath ,two two/one-bath units and three two/two-bath units.

Each building has its owner separate washer and dryer in a common area.

The property is in a dense residential area of East Los Angeles, one of LA’s oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard.

East Los Angeles College is three miles away, drawing many students looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile.

Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.

  • Address 1006 S Record Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90023
  • Area 699 - Not Defined
  • Country United States

Details

Updated on March 16, 2024 at 9:18 pm
  • Property ID: SGR-26388616
  • Price: $3,500,000
  • Land Area: 8742.00 m²
  • Garage: 0.00
  • Year Built: 1990
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 9798.00
  • MLS#: OC24051871
  • Office Name: BENJAMIN FRANK VENTI REALTY
  • Agent Name: Peter Vallier
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01875789
  • IDX Contact Info: 949-280-5931

Additional details

  • Roof: Synthetic,Tar/Gravel
  • View: None
  • Sewer: Unknown
  • Cooling: Central Air
  • Heating: Propane
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 0.00
  • Water Source: Public

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