1006 S Record, Los Angeles, CA 90023

$3,300,000

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List Agent Benjamin Venti () Benjamin Frank Venti Realty; CoList ()

List Price
$3,300,000
Status
ACTIVE
MLS#
OC26171194
Year Built
1990
Lot Size
17,633
Lot Location
Level, Near Public Transit
Days on Market
40
Property Type
Commercial
Property Sub Type
Multi Family

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 or owner to occupy and lease out. Encompassing 12 fully occupied 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, with room to make two additional spaces to can be utilized as guest parking. 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 10006 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.

Additional Information

Appliances
Dryer, Washer
Heat
Natural Gas
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Roof
Flat
Water
Public

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.