Cypress Park, CA 90065,2833 Huron ST
Cypress Park, CA 90065,2833 Huron ST
Cypress Park, CA 90065,2833 Huron ST
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$1,255,000

$1,375,000

8.7%
Est.Price: ?

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Est. payment /mo

7,496 Sqft Lot


SOLD DATE : 11/13/2020

Key Details

Sold Price $1,255,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR20197967

Sold Date 11/13/20

HOA Y/N No

Year Built 1950

Lot Size 7,496 Sqft

Property Description

Huron Apartments is a 4,116 sf 10 unit apartment building located in the gentrifying Cypress Park neighborhood of Los Angeles. The property was built in 1906/1950 and sits on a 7,495 SF Lot Zoned R2 / Tier 3 / Opportunity Zone. The property positions itself to offer an investor a value add (approx. 71% upside) 10 unit apartment building with a extremely low cost per unit and one of the lowest price points in LA County for 10 units. This well located property has great street visibility and finds itself located near an abundance of amenities and businesses. Easy access to the 5/110 FWY and DTLA add an additional touch of convenience. Property to be delivered with 2 vacant units.

Location

State CA

County Los Angeles

Area Cypk - Cypress Park

Zoning LARD2

Interior

Fireplace No

Laundry Laundry Room

Exterior

Pool None

Community Features Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description Landscaped

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5446008007

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jared Levine • Keller Williams Realty Calabasas
Bought with Mike Iryami • BRC Advisors- BH
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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