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Map
$586,706*
●
Multifamily -
Off Market
3156 Fairmount St
Los Angeles, CA 90063
Studio
0 Bath
$450,000 - $548,000
Reference Base Price*
17.58%
Since Jul 1, 2021
CA-Los Angeles
Primary Model
About This Property
PRICE REDUCED $51,000 FOR A QUICK SALE! We are pleased to present
for sale 2 units in a Desirable Boyle Heights Location. This is the
first time the property has been offered for sale in over 25 Years.
The units are comprised of spacious single story 2 and 3 bedroom
units. Rents are currently well below market level and have about
+/- 120% of Rental Upside potential. The property falls within a
block from the famous "El Tepeyac Restaurant Cafe" on North
Evergreen Avenue, Situated East of East Cesar Chavez Avenue and
Adjacent to Downtown Los Angeles. Tenants enjoy the Close Vicinity
to Shops & Restaurants on East Cesar Chavez Avenue and a short
drive from the 5, 10 and 101 Freeways commuting to and from work.
Sellers intend to complete a 1031 Exchange at no cost or delay to
the Buyer. Rents stated are actual and below market rate. Property
has Deferred Maintenance. *OFFERS BEING SUBMITTED should be either
cash or via hard money loan.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1950
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 17, 2022 | Sold to Jose Cruz Gomez | $643,854 | |
Sold to Jose Cruz Gomez | |||
Jan 21, 2022 | Sold | $550,000 | |
Sold | |||
Jun 25, 2021 | No longer available | - | |
No longer available | |||
Apr 15, 2021 | Price Decreased |
$499,000
↓ $51K
(9.3%)
|
|
Price Decreased | |||
Feb 8, 2021 | Listed | $550,000 | |
Listed |
Property Highlights
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/28/2021
|
|
Studio
|
-
|
1775 ft²
|
$599,000
Studio
-
1775 ft²
|
-
-
|
-
|
George Wang
Harvest Realtors, Inc.
|
02/08/2021
|
|
Studio
|
-
|
-
|
$550,000
Studio
-
|
$550,000
01/21/2022
|
-
|
Shant Sherbetdjian
|