642 Euclid Avenue
East Los Angeles, CA 90023
Map
- – beds
- – baths
- – sqft
- 5,499 sqft lot
- 1968 build
- – on site
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5 Units LA for $165,000 Per Unit! Private Seller Financing Available! We are pleased to exclusively offer for sale this 5 unit multi-family investment property in the city of East Los Angeles. The property boasts an excellent unit of mix of; 1(3Bed/2Bath), 1(2Bed/1Bath), 3(1Bed/1Bath)s with a total rentable square footage of 3,650 SqFt. The property is 100% copper plumbing and the seismic retrofit has been completed. The current tenants have lived at the subject property for a number of years with rents rarely being increased. This property is poised for an investor familiar with tenant relocation as the property offers 250% upside in rental income. Tenants enjoy onsite parking and an onsite laundry facility. Private Seller Financing Terms: 30% Down Payment, 3 Year Term, 6% Interest Only Payments, no pre-pay penalty.
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Last updated Apr 3, 2023
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MLS# CV23034544 —
The Building
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Year Built:1968
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3650.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:1
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Stories Total:2
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Laundry:Community, Inside
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Laundry:1
Location
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Directions:North of 60 Fwy, West of I-710; Near Intersection of Inez St & Euclid Ave
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Latitude:34.03250000
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Longitude:-118.20581300
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR2
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Lot Features:2-5 Units/Acre
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Lot Size Area:5499.0000
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Lot Size Acres:0.1262
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Lot Size SqFt:5499.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2048.10
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Tax Tract:1120
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5186019001
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Gutters, Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:5.00
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Uncovered Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/31/23
Mar 31, 2023
|
Sold | CRMLS_CA | $810,000 | -1.8% |
|
3/10/23
Mar 10, 2023
|
Pending | CRMLS_CA | $825,000 | |
|
3/1/23
Mar 1, 2023
|
Listed / Active | CRMLS_CA | $825,000 |
