Los Angeles, CA 90022,623 S Mcdonnell Avenue
Los Angeles, CA 90022,623 S Mcdonnell Avenue
Los Angeles, CA 90022,623 S Mcdonnell Avenue
$740,000
Est. payment /mo
$724,999
2.1%
Est.Price: ?

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3 Beds
2 Baths
6,796 Sqft Lot
SOLD DATE : 08/07/2024

Key Details

Sold Price $740,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW24121394

Sold Date 08/07/24

Bedrooms 3

HOA Y/N No

Lot Size 6,796 Sqft

Property Description

Discover this fantastic investment opportunity with two detached units in a prime rental neighborhood of Los Angeles. The front unit offers a cozy 2 bedrooms and 1 bathroom, while the back unit provides a comfortable 1 bedroom and 1 bathroom. Tenants benefit from ample parking and convenient laundry hookups. Tenants cover their own electricity and gas, & water. Despite excellent property management by the owner, rental rates have remained conservative, presenting the next owner with incredible potential for increased income. Perfectly located just minutes from transportation, freeways, restaurants, shopping, and much more
Discover this fantastic investment opportunity with two detached units in a prime rental neighborhood of Los Angeles. The front unit offers a cozy 2 bedrooms and 1 bathroom, while the back unit provides a comfortable 1 bedroom and 1 bathroom. Tenants benefit from ample parking and convenient laundry hookups. Tenants cover their own electricity and gas, & water. Despite excellent property management by the owner, rental rates have remained conservative, presenting the next owner with incredible potential for increased income. Perfectly located just minutes from transportation, freeways, restaurants, shopping, and much more

Location

State CA

County Los Angeles

Area Los Angeles (90022)

Zoning Assessor

Building

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $95

Acceptable Financing Conventional, Exchange, FHA

Space Rent $1,630

Listing Terms Conventional, Exchange, FHA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Jerry Mercado • Realty Executives Com. & Res.
Bought with Fulvia Garcia • Century 21 LOTUS
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170 Laurel St, Diego, CA, 92101, United States

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