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$3,500,000
249 Days On Site

1006 S Record Avenue
Los Angeles, CA 90023

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
9,798
SqFt
$357
/SqFt
1990
Built
County:
Los Angeles
Listed by Peter Vallier of Benjamin Frank Venti Realty [email protected]

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1006 S Record Avenue1006 S Record Avenue1006 S Record Avenue1006 S Record Avenue
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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.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
249 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,798 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2007 Acres
Year Built 
1990
MLS® Number 
OC24051871
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 months agoStatus changed to Active
8 months agoListing updated with changes from the MLS®
8 months agoListing first seen on site
General Features
Acres 
0.2007
Number Of Stories 
2
Property Condition 
Updated/Remodeled
Property Sub Type 
Apartment
Security 
Security GateGated Community24 Hour Security
Sewer 
Unknown
Special Circumstances 
Standard
SqFt Total 
9798
Stories 
Two
Utilities 
Cable AvailableElectricity ConnectedPropaneWater Connected
Water Source 
Public
Zoning 
LCR4YY
Interior Features
Appliances 
Convection OvenDishwasherGas OvenGas RangeRefrigeratorDryerWasher
Cooling 
Central Air
Fireplace Features 
None
Heating 
Propane
Laundry Features 
Common Area
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Exterior Features
Fencing 
Wrought Iron
Pool Features 
None
Roof 
SyntheticTar/Gravel
Spa Features 
None
View 
None
Waterview 
None
Community Features
Accessibility Features 
Safe Emergency Egress from Home
Building Access 
Gate
Community Features 
GatedCurbsStreet Lights
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
699 - Not Defined


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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