$510,000
$499,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
5256 Meridian ST Highland Park, CA 90042
2,700 SqFt
Key Details
Sold Price $510,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $188
MLS Listing ID AR13199132
Sold Date 10/29/13
HOA Y/N No
Year Built 1986
Tax Year 2012
Lot Size 5,401 Sqft
Acres 0.124
Property Description
This is a terrific 4-unit investment property located in the up and coming area of Highland Park. No rent control all units are in good condition. All units are 2 bed/ 1bath, average size per unit is 675sf. Over $4k a month income with low annual expenses. Cap rate is 7.8% Property is walking distance to York Blvd., public transit, and near Occidental College. Long term tenants, with one vacant unit for owner to live in and rent out the rest.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Interior
Fireplace No
Exterior
Garage Assigned
Pool None
Community Features Urban
Utilities Available SewerConnected
Parking Type Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description Level, RectangularLot
Water Public
Others
Tax ID 5478002002
Acceptable Financing Cash, CashtoNewLoan, Submit
Listing Terms Cash, CashtoNewLoan, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with John Man • ManRealty.com