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5847 Ernest AVE Los Angeles, CA 90034
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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB20226162
Sold Date 05/27/21
HOA Y/N No
Year Built 1924
Lot Size 5,000 Sqft
Property Description
5847 Ernest Ave is a well maintained 4-unit building located in the sought-after Palms/Culver community. Built in 1924, the property is comprised of (4) 1-bed/1-bath units, totaling 3,210 SF of living space on a 5,000 SF lot. Located on a quiet residential street, the property features (1) 2-car garage with ample street parking. 5847 Ernest Ave is an excellent opportunity for a potential buyer to obtain 30-year fixed residential financing while rates are at a historical low, and enjoy top of the market rental income as either an owner-user or an investor.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Landscaped
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5065020021
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.