Listing Detail

IAG

322 S. Swall Dr., Los Angeles, CA 90048

322 S. Swall Dr.jpg

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 Download 322 S. Swall Dr_Property Analyses.pdf
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