La Puente, CA 91744,547 League AVE
La Puente, CA 91744,547 League AVE
La Puente, CA 91744,547 League AVE
4
$1,755,000
$1,525,000
15.1%
Est.Price: ?

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6,300 SqFt

547 League AVE La Puente, CA 91744

Est. payment /mo
SOLD DATE : 08/23/2022

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Key Details

Sold Price $1,755,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $278

MLS Listing ID CV22160455

Sold Date 08/23/22

HOA Y/N No

Year Built 1962

Lot Size 0.337 Acres

Acres 0.3371

Property Description

PRIVATE SELLER FINANCING AVAILABLE! We are pleased to offer for sale this 7 Unit multi-family investment in the city of La Puente. The property is comprised of all 2Bedroom/1Bathroom Units each measuring 900 SqFT on average. Each unit is separately metered for electricity and gas while the owner pays for water and trash. Tenants enjoy both garage and open space parking as well as an onsite laundry facility. The current owner has owned the property for a number of years and has rarely raised rents. For a new investor who is familiar with repositioning tenants, this investment offers tremendous upside in rental income with nearly a 100% upside in rental rates. Private seller financing is mandatory for this transaction. Financing Terms: 30% Down Payment, 5% Interest Only Payments, fixed for a 5-7 Year Term. Prepay Penalty for the first 5 years only.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LPR3*

Interior

Laundry Community, Inside

Exterior

Garage Spaces 7.0

Pool None

Community Features Curbs, Gutters, Sidewalks

Private Pool No

Building

Lot Description 6-10 Units/Acre, Lot 10000-19999 Sqft

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.0

TERMS Owner Will Carry,Private Financing Available

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE See Remarks

SHOW INSTRUCTIONS - Call Listing Agent - Do Not Contact Occupants - Drive By Only Please contact Frank Zamora for the marketing package at fzamora@theapartmentdealer.com

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CRMLS Plus
Listed by RE/MAX 2000 REALTY
Bought with RE/MAX 2000 REALTY
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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