$1,090,000
4939 Malta Street, Highland Park, CA 90042
8,400
Lot Size
4
# Of Units
Listing Agent
Talia Lai - Pinnacle Real Estate Group - 626-926-0236Four detached Spanish style houses in the trendy Highland Park area. Front 2 units are 2-bedroom 1 bath. Back units are 1 bedroom 1den and 1 bath each. Carport space is rented separately at $30 each. Carport's roof was installed in 2015. Other buildings' roof were installed in 2013. Separated Gas and Electrical Meters for each unit. Most tenants have been living there for more than 14 years. Most copper plumbing pipes and most electrical wires were installed in most areas except unit #4939.5 which has not been done. Newer windows for unit#4939.5. Lots of upside rent potential. Centrally located. Minutes away to Downtown L.A., South Pasadena, Mt. Washington, etc... Close to Fwy 101, 110, 5 and 2. Metro Station is nearby. High demand rental area. Great potential for investors or developers. Lots of newer homes are built or under construction in nearby areas. Owners will not evict any tenants and will deliver the property in its "as-is" conditions with tenants. Property needs updates and fix up. Buyer to co-operate with seller for the 1031 tax deferred Exchange at no cost to buyer. Expenses are estimated only. Buyers to do their due diligence to inspect and investigate the permits, conditions and development requirements of the property.
Facts & Features
| MLS® # | WS23039657 |
|---|---|
| Price | $1,090,000 |
| Bathrooms | 0.00 |
| Lot Size | 8,400 |
| Year Built | 1927 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 4939 Malta Street |
|---|---|
| Area | 632 - Highland Park |
| City | Highland Park |
| County | Los Angeles |
| State | CA |
| Zip Code | 90042 |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Assigned |
| Garages | Assigned |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Gas Range, Gas Water Heater |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Unknown |
|---|---|
| Lot Description | Street Level |
| Construction | Unknown |
| Foundation | Raised |
Additional Information
| Date Listed | March 9th, 2023 |
|---|---|
| Days on Market | 15 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Talia Lai |
|---|---|
| Office | Pinnacle Real Estate Group |
| Info | 626-926-0236 |