PROBATE Sale, subject to Court Confirmation, and overbidding in Court. Sale confirmed in Court on Oct. 22, 2020.
Income property with good cash flow and low expenses! For sale after 55 years! Both units have separate gas, electric and water meters. 4217 S Budlong Ave has 2 bedrooms and 1 full bathroom, and the current rent is $1,875.67 per month. 4215 S Budlong Ave is a 1-bedroom, 1-bathroom unit, and the current rent is $1,285.44 per month. Both units on month-to-month tenancy.
Property is sold "AS IS" and "WHERE IS". Seller is a Court-Appointed Fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations.
| Property Highlights |
| Street |
4215 S Budlong Ave
|
| City |
Los Angeles
|
| State |
CA
|
| Zip |
90037
|
| Status |
Sold
|
| Property Type |
Multi-family
|
| Asking Price |
$550,000
|
| Sold Price |
$480,000
|
| Year Built |
1937
|
| Building Sq Ft |
1,602
|
| Number of units |
2
|
| CAP Rate |
3.90
|
| GRM |
18.32
|
| Value per unit |
$275,000
|
| Value per Square Feet |
$343.3
|
| Broker Name |
Vinny Jain
|
| Telephone |
310-207-2288
|
| Email |
sales@iagpm.com
|
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