$510,000
$499,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
5256 Meridian ST Highland Park, CA 90042
5,401 Sqft Lot
Key Details
Sold Price $510,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR13199132
Sold Date 10/29/13
HOA Y/N No
Year Built 1986
Tax Year 2012
Lot Size 5,401 Sqft
Property Description
This is a terrific 4-unit investment property located in the up and coming area of Highland Park. No rent control all units are in good condition. All units are 2 bed/ 1bath, average size per unit is 675sf. Over $4k a month income with low annual expenses. Cap rate is 7.8% Property is walking distance to York Blvd., public transit, and near Occidental College. Long term tenants, with one vacant unit for owner to live in and rent out the rest.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Interior
Fireplace No
Exterior
Parking Features Assigned
Pool None
Community Features Urban
Utilities Available Sewer Connected
Total Parking Spaces 8
Private Pool No
Building
Lot Description Level, Rectangular Lot
Water Public
Others
Tax ID 5478002002
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with John Man • ManRealty.com