5637 Hub St, Los Angeles, CA 90042

$1,490,000
7
BD
4
BA
2,593
SqFt
Sold Price
$1,490,000
List Price
$1,549,000
Closing Date
Jun 02, 2021
MLS#
21-675686
Year Built
1927
Bedrooms
7
Bathrooms
4
Living Sq. Ft
2,593
Lot Size
5,601
Days on Market
112
Property Type
Multifamily

Property Description

** 14.37 GRM & 5.01% Cap Rate ** Submit All Offers. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence that is VACANT and is perfect for an owner-user looking to occupy and rent out the remaining units which are Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley.

Additional Information

Other Buildings
None
Heat
Other
Cooling
Window Unit(s)
Number of Cars in Garage
Attached

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Eric Dilanian - CA DRE# Selling Office: .

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