6637 Springpark Avenue,  Los Angeles CA, 90056 (Residential Income)

14,392 sqft
Status: Sold
MLS#: SB16119827
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Last Updated: 12/10/2016 2:23 AM
Description for 6637 Springpark Avenue Los Angeles, CA 90056
Rare opportunity to own a beautifully renovated, 10 unit "condo style" apartment building in the highly desirable and non-rent control area of Ladera Heights in Los Angeles. The property’s outstanding unit mix consists of eight 2 bedroom/2 bath units, one 3 bedroom/2 bath unit, and a very rare 4 bedroom/2 Bath unit. Though the property was originally built in 1961, it was virtually completely updated inside and out in recent years. Each spacious unit (well over 1,000 sq. feet) has at least two full bathrooms, dishwashers, stackable laundry equipment and its own balcony. The property features a newer roof, newer cooper plumbing throughout, newer exterior paint, and upgraded electrical system. The kitchens in each unit have been completely upgraded with new cabinets, granite/slate counter tops, new stainless steel appliances and sinks, all new hardware and microwaves, beautiful backsplashes and accent walls, and crown molding. The bathrooms were completely rehabbed as well with beautiful new cabinetry and vanities, new lighting fixtures and hardware, new tile and glass shower doors. Secure onsite parking is also available for tenant's convenience (19 spots for 10 units).
Price
Sold Price:
$4,950,000
Sold Date:10/10/2016
Los Angeles
14,392 (approx)
SB16119827
Closed
Description
Rare opportunity to own a beautifully renovated, 10 unit "condo style" apartment building in the highly desirable and non-rent control area of Ladera Heights in Los Angeles. The property’s outstanding unit mix consists of eight 2 bedroom/2 bath units, one 3 bedroom/2 bath unit, and a very rare 4 bedroom/2 Bath unit. Though the property was originally built in 1961, it was virtually completely updated inside and out in recent years. Each spacious unit (well over 1,000 sq. feet) has at least two full bathrooms, dishwashers, stackable laundry equipment and its own balcony. The property features a newer roof, newer cooper plumbing throughout, newer exterior paint, and upgraded electrical system. The kitchens in each unit have been completely upgraded with new cabinets, granite/slate counter tops, new stainless steel appliances and sinks, all new hardware and microwaves, beautiful backsplashes and accent walls, and crown molding. The bathrooms were completely rehabbed as well with beautiful new cabinetry and vanities, new lighting fixtures and hardware, new tile and glass shower doors. Secure onsite parking is also available for tenant's convenience (19 spots for 10 units).
Listing Information
Property Type: Cluster, Other
0.23 Acres 1,035,400 sq.ft. 14,392 (approx)
$343.94 1967
Yes- 19 spaces
10 Total
Neighborhood
Room Information
Interior Features
Stacked Washer/Dryer
Exterior / Lot Features
19 Garage Spaces, 19 Parking Spaces, Subterranean Parking
Sidewalks, Curbs Walk
Driving Directions
Cross Streets: Springpark Ave and Fairview Bl
Financial Considerations
4102003130
$336,420 Income ,$117,361Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90056 has a population of 3,804,503.

The median household income in Los Angeles, California 90056 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90056 is 34.1 years.

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