5620 Stratford, Los Angeles, CA 90042

$1,499,000

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List Price
$1,499,000
Days on Market
3
Status
ACTIVE
MLS#
GD26158258
Lot Size (sqft)
6,312
Acres
0.14
Year Built
1963

Property Description

Exceptional opportunity to acquire a fully occupied four-unit apartment building in one of Highland Park's most desirable neighborhoods. Located at 5620 Stratford Rd., this well-maintained income property offers approximately 3,614 square feet of improvements on a 6,312-square-foot lot and currently generates approximately $7,064 per month. Ideally situated north of York Boulevard, the property provides convenient access to Highland Park's vibrant dining, shopping, entertainment, and transportation corridors, as well as Downtown Los Angeles, Pasadena, and Eagle Rock. This is an outstanding opportunity for investors seeking stable cash flow, long-term appreciation, and ownership in one of Northeast Los Angeles' strongest rental markets. Property is being sold as part of a trust administration. Please do not disturb occupants. Drive-by only. Interior inspection is available upon accepted offer or by appointment with the listing agent.

Additional Information

Area
Highland Park (632)
Stories
Two Levels
Community Features
Suburban, Sidewalks
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Xochitl Rosales (robert@cusagroup.com) from Listing Office: Socal City Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.