5333 HYDE STREET, EL SERENO, CA 90032

  • 5,027 sqft
  • Lot Size: 6,324 sqft
  • Built in 1964
  • MLS #CV23043643
For Sale $1,800,000
  • share

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. Located 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.

FACTS / FEATURES

  • Built in 1964
  • Lot Size: 6,324 sqft

for more information on this property, please fill out the form below

* required field
Listing Provided by Eric Chavez, CHAVEZ & ASSOCIATES REBF, INC
Based on information from California Regional Multiple Listing Service, Inc. as of March 21, 2023. 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. 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, 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.