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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, 25-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.

Features
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: Sidewalks
Additional Information
CHAVEZ & ASSOCIATES REBF, INC
0
c13925
1424
Eric
5220009026
: Standard
Two
35

Multi-Family For Sale

5333 Hyde Street, El Sereno, California 90032

5,027 Sqft
$1,800,000
Listing ID #CV23043643
Basic Details
Status : Active
DaysOnMarket : 11
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : CV23043643
Price : $1,800,000
Living Area : 5,027 Sqft
Lot Size : 6,324 Sqft
Year Built : 1964
Country : US
State : California
County : Los Angeles
City : El Sereno
Zipcode : 90032
Price Per Square Foot : $358
ModificationTimestamp : 2023-03-26 09:16:52
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