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5333 Hyde Street, El Sereno, California 90032

Residential Income For Sale
$1,800,000
Lot Area 0.15 Sqft
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Listing Attribution
Listing ID:
MLS CV23043643
Listed by:
Eric Chavez · DRE
· CHAVEZ & ASSOCIATES REBF, INC · 213-999-0073
Property Description

5333 Hyde Street is opportunity to purchase a six (6) unit low rise apartment building consist five (5) 2 bed / 1 bath, one (1) 1 bed / 1 bath, built in 1964, with a 5,027+/- square foot structure located on a lot size of 6,324+/- square feet of semi-improved land zoned “R1-1” One-Family Zone, with 118 linear feet along Hyde Street. Currently the property has three (3) tenants on month-to-month lease terms. Current annual rental income is estimated to be $67,712.04. Three (3) units have been renovated, feature new appliances, flooring, and fixtures. Property maybe delivered vacant upon negotiating terms that will be acceptable to the Ownership. Owner Carry Back Financing is available with requiring a 35% down payment, 5-year loan term, the current interest rates between 4.50% to 5.50% for qualified Buyers. rnrnLocated just minutes from Downtown Los Angeles and 5 minutes from the shopping area at Fremont Ave & Commonwealth Ave that provides access to retailers like Costco, PetSmart, Big Lots and many more. 5333 Hyde Street is also located 2 minutes away from Sierra Park Elementary School and 6 minutes away from Woodrow Wilson Senior High School, offering on site ample parking, a 61 Walk Score, 1-mile Median HH Income $65,307.00, and is situated in the high-density Blue Collared Community rental market of El Sereno.

Listing Attribution
Listing ID:
MLS CV23043643
Listed by:
Eric Chavez · DRE
· CHAVEZ & ASSOCIATES REBF, INC · 213-999-0073
Contact Agent
Ivan Londoño
Smart Equity Realty

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