La Puente, CA 91744,547 League AVE
La Puente, CA 91744,547 League AVE
La Puente, CA 91744,547 League AVE
8
$1,755,000
$1,525,000
15.1%
Est.Price: ?

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0.34 Acres Lot

547 League AVE La Puente, CA 91744

Est. payment /mo
SOLD DATE : 08/23/2022

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Key Details

Sold Price $1,755,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV22160455

Year Built 1962

Lot Size 0.337 Acres

Property Description

PRIVATE SELLER FINANCING AVAILABLE! We are pleased to offer for sale this 7 Unit multi-family investment in the city of La Puente. The property is comprised of all 2Bedroom/1Bathroom Units each measuring 900 SqFT on average. Each unit is separately metered for electricity and gas while the owner pays for water and trash. Tenants enjoy both garage and open space parking as well as an onsite laundry facility. The current owner has owned the property for a number of years and has rarely raised rents. For a new investor who is familiar with repositioning tenants, this investment offers tremendous upside in rental income with nearly a 100% upside in rental rates. Private seller financing is mandatory for this transaction. Financing Terms: 30% Down Payment, 5% Interest Only Payments, fixed for a 5-7 Year Term. Prepay Penalty for the first 5 years only.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LPR3*

Interior

Laundry Common Area, Inside

Exterior

Garage Spaces 7.0

Garage Description 7.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Owner Will Carry, Private Financing Available

Listing Terms Owner Will Carry, Private Financing Available

Special Listing Condition Standard

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CRMLS – RECore
Listed by KRISTOPHER GERMAN RE/MAX 2000 REALTY
Bought with KRISTOPHER GERMAN RE/MAX 2000 REALTY

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Brenda Perez-Miranda

Brenda Perez-Miranda

Agent | License ID: 01293185

+1(619) 846-9088

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