East Los Angeles, CA 90022,670 S Gerhart AVE #672
$725,000
$699,000
3.7%
Est.Price: ?

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6,534 Sqft Lot

670 S Gerhart AVE #672 East Los Angeles, CA 90022

Est. payment /mo
SOLD DATE : 01/05/2021

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Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB20248976

Sold Date 01/05/21

HOA Y/N No

Year Built 1955

Lot Size 6,534 Sqft

Property Description

670/672 S. Gerhart Ave. is a non-rent control attached duplex offering approximately 1,730 square feet of combined living space on an approximate 6,612 square foot lot. Gerhart offers an owner/user the opportunity to live in one unit and collect current market rent on the other and or the savvy investor a potential CAP rate of 5.55%+. The front unit is an oversized 1 bedroom 1 full bath with a very functional floor plan. The unit offers a rare eat in kitchen, laundry hook-ups, new carpet in bedroom, wood flooring in the common areas, tile floor in kitchen/bath, tons of natural light and freshly painted. The rear unit, which feels more like a detached home, has 2 bedrooms, 1 full bathroom with an eat in kitchen and a back porch with laundry hook-ups that lead directly to the rear yard. There is new carpet in both bedrooms, wood flooring in living and common areas and tile flooring in the kitchen and bathroom. The double wide driveway allows ample parking that ends with a detached garage + the lot features a front and rear yard to easily allocate private outdoor space for each unit! Gerhart is surrounded by the 60, 710 and 5 freeway; walking distances to big box retailers such as Target/Ross as well as major banks Wells Fargo/Chase and minutes away from the Citadel Outlets that offer over 130 retail stores to shop!

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCR305

Interior

Heating Wall Furnace

Cooling None

Flooring Concrete, Laminate, Tile

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link

Pool None

Community Features Curbs, Gutter(s)

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6342025018

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing FHA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Juree Rambo • Rambo Real Estate Group
Bought with Johnhenry Cabeso • Compass

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Leo Chen

Agent | License ID: 01958853

+1(949) 238-2346

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