City Terrace, CA 90063
$899,999
Mark Quesada
Broker / Owner
DRE #02101365
INVESTOR SPECIAL & MONEY MAKING PROPERTY IN 90063! Exceptional value this multi unit opportunity is located in a highly desirable, rapidly up-and-coming pocket of East LA, boasting great views and immediate proximity to Downtown LA. This centrally located gem provides effortless freeway access and has been well-maintained and nicely remodeled over the years. Enjoy peace of mind with tens of thousands of dollars in high-value, not-so-obvious upgrades—including new sewers and advanced earthquake retrofitting! This property is NOT under LA CITY RENT CONTROL and three units are ready for immediate occupancy, providing a blank canvas to set your own top-market rents without tenant restrictions. Priced aggressively for a quick sale, this fixer-upper is being sold strictly 'AS-IS' and requires foundation repairs; structural report/quote is available upon request. Cash or hard money terms only—will not qualify for conventional or FHA financing. Buyer to verify all permits and is responsible for conducting their own due diligence regarding current building and county requirements or restrictions. EASY TO SHOW, but do not disturb the occupants. Bring your contractor and your highest and best offer before it's gone!
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$6,642/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Susan Stanley, HOME TEAM REALTY
MLS# IN26145656 · Active
History reflects records reported to the MLS and may be incomplete.