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4939 Malta Street Highland Park, CA 90042
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Key Details
Sold Price $950,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,724 sqft
Price per Sqft $348
MLS Listing ID WS-24001976
Sold Date 07/10/24
Year Built 1927
Lot Size 8,400 Sqft
Property Description
Four 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. 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 and buyer's agent to do their due diligence to inspect and investigate the permits, room counts, conditions and development requirements of the property.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry None
Exterior
Parking Features Parking Space, Assigned, Carport
Pool None
Community Features Suburban
Utilities Available Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Phone Available
View Y/N No
View None
Building
Lot Description Level with Street
Sewer Public Sewer
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