$3,500,000
1006 S Record Avenue
Los Angeles, CA, 90023
Property 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 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 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.
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 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 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.
Property Details
Price:
$3,500,000
MLS #:
OC24051871
Status:
Active
Baths:
0
Address:
1006 S Record Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Mar 14, 2024
State:
CA
ZIP:
90023
Lot Size:
8,742 sqft / 0.20 acres (approx)
Year Built:
1990
Schools
Interior
Accessibility Features
2+ Access Exits, Parking
Appliances
Convection Oven, Dishwasher, Gas Oven, Gas Range, Refrigerator
Cooling
Central Air
Fireplace Features
None
Heating
Propane
Interior Features
2 Staircases
Exterior
Community Features
Curbs, Street Lights
Fencing
Average Condition, Wrought Iron
Garage Spaces
0.00
Lot Features
Level with Street
Parking Spots
0.00
Pool Features
None
Roof
Synthetic, Tar/ Gravel
Security Features
24 Hour Security, Automatic Gate, Gated Community
Sewer
Unknown
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Tenant Pays
All Utilities
Utilities
Cable Available, Electricity Connected, Propane, Water Connected
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Courtesy of Benjamin Frank Venti Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1006 S Record Avenue
Los Angeles, CA
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