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Property Description

Amazing investment opportunity! Best income to cost ratio in the area, don't pass this opportunity up or you'll regret it. This four-unit building includes a BRAND NEW 2 bedroom 1 bath unit, and 3 other two bedroom one bath units. The new unit comes complete with a/c in each room, shaker cabinets, tiled showed, luxury plank vinyl flooring and stainless-steel appliances. Plentiful parking in the driveway for each unit, and the back three units each have a large outdoor storage shed. There is a separate laundry room with a coin-operated washer and dryer for the convenience of the tenants. All four existing tenants have a longstanding history of paying rent in a timely manner, even during COVID. Building features new foundation reinforcing, gutters and more. This building is well maintained and is centrally located to shops, dining and freeway. Drive by only! Access to units with accepted offer.

Overview

Property Status
Sold
Lot Size
7,001 Sq.Ft.
MLS ID
24-348875
Property Type
Multi-Family
Year Built
1954

Features & Amenities

Stories
1
Parking
Driveway
Heat Type
Wall
Air Conditioning
None
Laundry Room
Community
Appliances
Refrigerator, Range/Oven
Sales Price
$1,195,000
Zoning
LARD1.5

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1624 W 206th St

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