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SoldPrice dropSingle-Family Home

1341 S Union Avenue

Los Angeles, CA 90015

$714,000
$272/sq ft
$775,000
Bedrooms
Studio
Bathrooms
0
Interior
2,628 sq ft
Year Built
1907

About this residence

SELLER FINANCING AVAILABLE! We are pleased to exclusively offer for sale this turn-key, four unit investment property located in the city of Los Angeles; minutes to Staples Center and the Convention Center. The subject property is comprised of 1(2Bed/1Bath) and 3(1Bed/1Bath) units of which are situated on a 5,481 sqft lot. There is plenty of onsite parking which offers space for two cars per tenant which is a rare find in this part of the city. The property has been extremely well maintained with recent improvements including: new sewer line, new electrical panel and wiring throughout, partial copper plumbing, and newer roof installed within the last 8 years. Seller will provide private financing to a qualified buyer with the following terms: 35% down payment, 5% interest only payments fixed for 5 years, due and payable in 5 years. With market rents in place this investment will yield a new owner a 7.6+% market cash return!

0 parking

Property details

Status
Sold
Property type
Single-Family Home
Price per sq ft
$272/sq ft
Days on market
31 days
Listed
July 7, 2017
Year built
1907
Parking
0 spaces
Furnished
No
Waterfront
No
MLS number
CV17154439

Location & neighborhood

1341 S Union Avenue, Los Angeles, CA 90015

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Down payment20% · $142,800
Interest rate6.50%
Loan term30 years
$4,991
per month
  • Principal & interest$3,610
  • Property taxes$1,083
  • Insurance$298
  • HOA / fees$0
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Listing courtesy of RE/MAX 2000 · MLS CV17154439. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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