Located in a quiet, residential area bordering Monterey Park and Montebello, this well kept, low maintenance apartment building features five comfortable units: one sunny 2-bedroom front apartment with large picture windows overlooking the garden, and two one-bedroom apartments on the ground level and two above the four spacious garages.
Key Points:
• One turnkey apartment is ready for you to select your own tenant and price at market rate or to keep as an owner-occupied unit.
• Ground level units have updated kitchens featuring granite counter tops, newer cabinets, and light fixtures as well as ceiling fans in either the bedroom, living room or kitchen.
• All units include laundry facilities or service porches either within the apartment or just below their unit (currently used for storage by management).
• Bathrooms have been updated with tile, vanity, and light fixtures in three units.
• Building is located in Unincorporated Los Angeles and is not bound by Los Angeles CITY rent control although subject to Los Angeles County rental laws.
• The development of ADU(s) in the current garage spaces to be considered by investor with verification by the Planning Department.
• Easy access to bus and Metro L (Gold) line and proximity to Downtown Los Angeles, Dodger Stadium, several universities and shopping areas. Although highly desirable now, the location will likely increase its appeal due to the upcoming 2028 Olympics in Los Angeles.
• Landscaping and plants have been modified for reduced water needs and minimal gardening, watering or maintenance requirements.
• Newer windows in most of the ground level units.
• Security cameras in place to monitor the building remotely.
Sold for $1,460,000 on 03/09/23
Listing Provided by:
Clinton Yap DRE #00977783 949-246-3552,
C Y Associates
Bought with: NONMEMBER MRML
$1,460,000
5407 Via Corona St, Los Angeles, CA 90022
6beds
5baths
3,309sqft
Multi Family
Built in 1954
-- sqft lot
$1,492,400 Zestimate®
$441/sqft
$2,465 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 09, 2023 at 12:06pm
Listing Provided by:
Clinton Yap DRE #00977783 949-246-3552,
C Y Associates
Bought with:
Michael Fukashima, DRE #01380445
NONMEMBER MRML
Source: CRMLS,MLS#: OC22240413
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,309
- Total interior livable area: 3,309 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Pool features: None
Lot
- Size: 6,239 sqft
- Features: Rectangular Lot
Details
- Parcel number: 6341003044
- Zoning: LCC3*
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 5300
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$1,492,400