$830,000
$875,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
1216 Oak Grove DR Eagle Rock, CA 90041
7,557 Sqft Lot
Key Details
Sold Price $830,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB18241317
Sold Date 12/28/18
HOA Y/N No
Year Built 1947
Lot Size 7,557 Sqft
Property Description
These two (2) 3-bed/2-bath houses are situated on 7,557 SF of land and consist of 2,101 SF of total living area. The homes are currently operating as a four unit with two (2) 2-bedroom/1-bathroom units and two (2) studios. The front house is built on a slab and contains all new electrical, while the back house is on a raised foundation and has all new sewage. The property features a two-car garage, all copper plumbing, and a washer/dryer in both of the 2-bed/1-bath units. Located in the heart of Eagle Rock, the property is in close proximity to many restaurants & retailers with easy access to several freeways and Downtown Los Angeles. Located just minutes from Occidental College, this property could be an excellent housing option for students in the area. With huge upside in market rent potential, this is an excellent value-add investment opportunity in the up-and-coming city of Eagle Rock.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Zoning LAR1
Interior
Fireplace No
Appliance Dryer, Washer
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard, Lawn, Yard
Sewer Public Sewer
Water Public
Architectural Style Patio Home
New Construction No
Others
Senior Community No
Tax ID 5480025024
Energy Description 400.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Tracy King • COMPASS