1006 South Record Avenue
$3,500,000
8
18
9,798
9,798
$357
Description
Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 fully occupied units with a...Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 fully occupied units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, which is very rare in this area. Each 6 unit building can be sold separately for $1,750,000. Each building has one one-bed/bath ,two two/one-bath units and three two/two-bath units. Each building has its owner separate washer and dryer in a common area. The property is in a dense residential area of East Los Angeles, one of LA’s oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.
- Listed by Peter Vallier • DRE #01875789 • Brokerage DRE #00358431 • Benjamin Frank Venti Realty • 949-280-5931
Property Details for 1006 South Record Avenue
View
None
Parking Spaces Total0
Private PoolNo
Cooling TypeCentral Forced Air
Total Units12.0
Building TypeAttached
Lot Size SourceAssessor
Living Area9798
LISTING UPDATED: 09/01/2024 10:16 AM
Property Details for 1006 South Record Avenue
Status | Active |
---|---|
MLS # | OC24051871 |
Days on Market | 251 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1990 |
County | Los Angeles County |
Building Information for 1006 South Record Avenue
Building/Complex1006 S Record AveFloor-Stories2Residences-Pet Policy-Year Built1990Building Size-
Property Information for 1006 South Record Avenue
Property History for 1006 South Record Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1006 South Record Avenue
Taxable ValueLand$169,054Additions$253,591Total$422,645
Tax Record2024$9,224 ($769 / month)
Home Facts
Total Finished SqFt4,899 SqFtAbove Grade Finished SqFt4,899 SqFtLot Size8,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1990ZoningLCR4YYCountyLOS ANGELESAPN5239-019-042
Schools near 1006 South Record Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Eastman Avenue Elementary School PublicK to 5 | ||
KIPP Academy Of Innovation Charter5 to 8 | ||
James A. Garfield Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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