853 S Bedford St., Los Angeles, CA 90035
Probate Sale, Court Confirmation MAY be required.
Remarks: 6-Unit residential property, for sale AFTER 63 years! Great unit mix: 4 X 1 Bed and 2 x 2 Bed units. 4 OF the 6 Units are currently vacant and will be delivered vacant at the close of escrow. Soft Story Retrofit has NOT been done. All units are separately metered for gas & electricity. No known upgrades (to any systems) were done to the property. Subject to the City of Los Angeles Rent Control ordinance. Seller is a Court-appointed fiduciary and cannot make any representations as to the condition, or history of the subject property. Sold AS IS & Where IS, with current 2 tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.
Showing Remarks: Drive by only. Open Houses will be scheduled, and MLS will be updated. Please email sales@iagpm.com.
Property Highlights | |
---|---|
Street | 853 S Bedford St |
City | Los Angeles |
State | CA |
Zip | 90035 |
Status | Sold |
Property Type | Multi-family |
Asking Price | $2,600,000 |
Sold Price | $2,400,000 |
Year Built | 1955 |
Building Sq Ft | 5,325 |
Number of units | 6 |
CAP Rate | 4.22 |
GRM | 14.99 |
Value per Square Feet | $488.26 |
Broker Name | Vinny Jain |
Telephone | (310) 207-2288 |
sales@iagpm.com |