$650,000
Est. payment /mo
5 Beds
3 Baths
5,661 Sqft Lot
Active
1086 N Bonnie Beach Place Los Angeles, CA 90063
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25000110
Bedrooms 5
HOA Y/N No
Lot Size 5,661 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Update: 05/06/2025 subject to cancelation of existing escrow.This is the opportunity that doesn't exist anymore! Fully occupied triplex located in the County of LA's East LA neighborhood of City Terrace. This property is not subject to LA CITY RENT CONTROL RULES. Perfect opportunity to buy an income property and either keep it rented, occupy it or both. There is plenty of space on the 5,661 sq ft lot for expansion ( buyer to verify). All three units park on the street as the property does not have the potential for parking. Owners still have to obtain the certified letter from probate court in order for sale to be able to close. Large 3 bedroom unit became vacant during escrow so this is a slam dunk opportunity for new owner. 1 other unit has expressed interest in leaving asap. So don't wait on this one.
Update: 05/06/2025 subject to cancelation of existing escrow.This is the opportunity that doesn't exist anymore! Fully occupied triplex located in the County of LA's East LA neighborhood of City Terrace. This property is not subject to LA CITY RENT CONTROL RULES. Perfect opportunity to buy an income property and either keep it rented, occupy it or both. There is plenty of space on the 5,661 sq ft lot for expansion ( buyer to verify). All three units park on the street as the property does not have the potential for parking. Owners still have to obtain the certified letter from probate court in order for sale to be able to close. Large 3 bedroom unit became vacant during escrow so this is a slam dunk opportunity for new owner. 1 other unit has expressed interest in leaving asap. So don't wait on this one.
Update: 05/06/2025 subject to cancelation of existing escrow.This is the opportunity that doesn't exist anymore! Fully occupied triplex located in the County of LA's East LA neighborhood of City Terrace. This property is not subject to LA CITY RENT CONTROL RULES. Perfect opportunity to buy an income property and either keep it rented, occupy it or both. There is plenty of space on the 5,661 sq ft lot for expansion ( buyer to verify). All three units park on the street as the property does not have the potential for parking. Owners still have to obtain the certified letter from probate court in order for sale to be able to close. Large 3 bedroom unit became vacant during escrow so this is a slam dunk opportunity for new owner. 1 other unit has expressed interest in leaving asap. So don't wait on this one.
Location
State CA
County Los Angeles
Area Los Angeles (90063)
Zoning Assessor
Building
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $130
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid

Listed by Jorge Gamboa • Century 21 Allstars