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Listed by Xochitl Rosales • Socal City Properties
$ 1,399,000
Est. payment | /mo
3,614 SqFt
$ 1,399,000
Est. payment | /mo
3,614 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,614 sqft
Price per Sqft $387
MLS Listing ID GD-26158258
Year Built 1963
Lot Size 6,312 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Exceptional opportunity to acquire a fully occupied four-unit apartment building in one of Highland Park's most desirable neighborhoods. Located at 5620 Stratford Rd., this well-maintained income property features a strong unit mix consisting of all 2 bed 1 bath units with well designed floor plans and approximately 3,614 square feet of improvements on a 6,312-square-foot lot including carport parking for each unit and currently generates approximately $7,064 per month. Ideally situated north of York Boulevard, the property provides convenient access to Highland Park's vibrant dining, shopping, entertainment, and transportation corridors, as well as Downtown Los Angeles, Pasadena, and Eagle Rock. This is an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and ownership in one of Northeast Los Angeles' strongest rental markets. Property is being sold as part of a trust administration. Please do not disturb occupants. Drive-by only. Interior inspection is available upon accepted offer or by appointment with the listing agent.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Interior
Fireplaces Type None
Laundry In Kitchen
Exterior
Parking Features Assigned
Pool None
Community Features Sidewalks, Suburban
Building
Lot Description Front Yard
Sewer Public Sewer