$800,000
$849,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
1416 Malvern Ave Los Angeles, CA 90006
5 Beds
4 Baths
3,135 SqFt
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,135 sqft
Price per Sqft $255
MLS Listing ID 23-272875
Bedrooms 5
Year Built 1915
Lot Size 6,366 Sqft
Property Sub-Type Multi-Family
Property Description
PRICE REDUCED TO FAST SELL!!! Well Maintenance 4 Unit Income property, located on of most desired rental place, within minutes of DTLA, Korea town and USC. New Pavement , New Roofing with City Permit (2018), New Exterior Paint with City Permit (2021), Foundation Repaired(2019) and with light remodeling all units. Rent can be raised up to 7%. All utilities are paid by the owner. See attached for CAP/GRM One of units is belongs to Section 8. The property located "ALVARADO TERRACE HISTORIC DISTRICT PARK(cozy and cleaned)" is a designated historic district in the Pico-Union district of Los Angeles. $400 is the storage rental income as M-T-M.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Ceiling Fan
Equipment Garbage Disposal
Exterior
Parking Features Assigned
Garage Spaces 1.0
Building
Story 2
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with RubyHome Corporation