Highland Park, CA 90042,4939 Malta Street
Listed by TALIA LAI • Pinnacle Real Estate Group
$950,000
$1,090,000
12.8%
Est.Price: ?

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2,724 SqFt

4939 Malta Street Highland Park, CA 90042

Est. payment /mo
SOLD DATE : 07/10/2024

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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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agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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