Probate Sale, Court Confirmation MAY be required.
5-Unit residential property, for sale AFTER 40 years! All units are large 2 Bed 2 Bath, 3 of 5 units are vacant and will be delivered vacant at COE. Separately metered for electricity, and master metered for Gas. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on July 19, 2018. No known upgrades (to any systems) done. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Seller is MOTIVATED and wants to see ALL offers. Only the vacant units will be shown during the open houses.
Property Highlights |
Street |
322 S. Swall Dr.
|
City |
Los Angeles
|
State |
CA
|
Zip |
90048
|
Status |
Sold
|
Property Type |
Multi-family
|
Asking Price |
$3,200,000
|
Sold Price |
$2,825,000
|
Year Built |
1962
|
Building Sq Ft |
6,850
|
Number of units |
5
|
CAP Rate |
4.05%
|
GRM |
16.47
|
Value per unit |
$640,000
|
Value per Square Feet |
$467.15
|
Broker Name |
Vinny Jain
|
Telephone |
(310) 207-2288
|
Email |
sales@iagpm.com
|
Brochure file |
322 S. Swall Dr_Property Analyses.pdf
|
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