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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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5838 Allston Street, Los Angeles, CA – $925,000

  • 8 Beds
  • 4 Baths
  • 3,032 Sqft
  • .13 Acres
  • 8 Beds
  • 4 Baths
  • 3,032 Sqft
  • .13 Acres

5838 Allston Street

One VACANT Unit--We are pleased to present a Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area of East Los Angeles. Nestled near the renowned Citadel Outlets Shopping Center and just a few blocks away from the city of Montebello, this is a Great Investment and 1031 Exchange Opportunity that you don't want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage. Spanning over 5,500sf Corner Lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. Each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. Given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% Upside in Rental Income. With its combination of Desirable Layout, Prime Location, and Value-Add potential, this asset is poised to deliver exceptional returns to its new owner. This won't last!

Essential Information

  • MLS® #WS24164213
  • Price$925,000
  • Bedrooms8
  • Bathrooms4.00
  • Full Baths4
  • Square Footage3,032
  • Acres0.13
  • Year Built1955
  • TypeResidential
  • Sub-TypeAll Other Attached
  • StatusACTIVE

Community Information

  • Address5838 Allston Street
  • AreaLOS ANGELES (90022)
  • CityLos Angeles
  • CountyLos Angeles
  • StateCA
  • Zip Code90022

Amenities

  • # of Garages4
  • ViewNeighborhood
  • PoolN/K

Interior

  • CoolingCentral Forced Air
  • FireplacesN/K
  • # of Stories2

Exterior

  • Lot DescriptionCorner Lot, Sidewalks

Additional Information

  • Date ListedAugust 8th, 2024
  • Days on Market99
  • ZoningLCR3YY

Listing Details

  • OfficePARTNER Real Estate
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PARTNER Real Estate.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®, Inc.

Listing information last updated on November 27th, 2024 at 1:16pm PST.