$1,018,580
$989,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
4,800 Sqft Lot
SOLD DATE : 06/15/2022
Key Details
Sold Price $1,018,580
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS22068439
Sold Date 06/15/22
HOA Y/N No
Year Built 1923
Lot Size 4,800 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 113 Robinson Street. This fourplex rental lies conveniently just North of Beverly Blvd and borders Silverlake, Rampart Village, Central L.A., Koreatown, Echo Park, and East Hollywood in heart of Los Angeles. This income property has tremendous upside with CAP Rate potential to reach over 6%! One unit is currently vacant and can become an owner occupied unit while using the rents for the other 3 as income or rented to have full occupancy. Sale will include initial site plans for expansion of 2 additional ADU's for additional rents! Currently, each of the 796 sq ft units have: 1 bed, 1 bath, family room, dining room, kitchen and individual gas and electric meters. Conveniently located walking distance to laundry, restaurants and a brief drive to all the local amenities L.A. has to offer. Call us today with any questions and please see the video walk-through!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD1.5
Interior
Interior Features Multiple Staircases
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Concrete, Uncovered
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Accessibility Safe Emergency Egress from Home
Private Pool No
Building
Lot Description Sloped Up
Story Two
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style English
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5156004011
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Private
Special Listing Condition Standard
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Bought with HECTOR MARQUEZ • RE/MAX UNIVERSAL REALTY