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Listed by Xochitl Rosales, DRE #01773834 • Socal City Properties
$ 1,399,000
Est. payment /mo
Price Dropped by $100K
5620 Stratford Los Angeles, CA 90042
6,312 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD26158258
Year Built 1963
Lot Size 6,312 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Exceptional opportunity to acquire a fully occupied four-unit apartment building in one of Highland Park's most desirable neighborhoods. Located at 5620 Stratford Rd., this well-maintained income property features a strong unit mix consisting of all 2 bed 1 bath units with well designed floor plans and approximately 3,614 square feet of improvements on a 6,312-square-foot lot including carport parking for each unit and currently generates approximately $7,064 per month. Ideally situated north of York Boulevard, the property provides convenient access to Highland Park's vibrant dining, shopping, entertainment, and transportation corridors, as well as Downtown Los Angeles, Pasadena, and Eagle Rock. This is an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and ownership in one of Northeast Los Angeles' strongest rental markets. Property is being sold as part of a trust administration. Please do not disturb occupants. Drive-by only. Interior inspection is available upon accepted offer or by appointment with the listing agent.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Interior
Laundry In Kitchen
Exterior
Parking Features Assigned Spaces
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 5485009025
Special Listing Condition Not Applicable
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