Historical Multifamily Sale Listing - IN ESCROW-Remodeled Duplex, No Rent Control

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Los Angeles, CA or California

IN ESCROW-Remodeled Duplex, No Rent Control

1531 N Herbert Ave, Los Angeles, CA 90063


2 Units | Multifamily

  • Print

Multifamily Property - Off Market

No. Units:
Building Size:
1,240 SF
Property Type:
Property Sub-type:
Duplex/ Triplex/ Fourplex
Additional Sub-types:
Property Use Type:
Commission Split:
Cap Rate:
No. Stories:
Year Built:
Lot Size:
5,872 SF
APN / Parcel ID:
Listing ID
Last Updated
over 1 year ago


  • Renovated in 2010, Low Maintainance
  • Non Rent Control
  • Motivated Seller
  • Good City Terrace Location
  • Gas & Electricity Separately Metered
  • Ample On Site Parking


KW Commercial is pleased to present this non rent control investment opportunity in the City Terrace neighborhood of East LA. The property was extensively renovated in 2010 with new improvements including new: roof, windows, doors, interiors, appliances, fixtures, copper plumbing, and laminate floors. The electrical system was upgraded as well. The property is comprised of two 2+1 units each with their own laundry hookups. One unit is currently paying $1,200 and the other $1,250. Both units are individually metered for gas and electricity. The property is situated on a 5,872 SF lot zoned R4 and has 6 parking spaces. The duplex is conveniently located near the 710, 10, and 5 FWYs. It is also minutes away to Cal State LA, USC/LAC Hospital, and a Metrolink station. The seller would consider vacating one of the units for an owner occupied buyer. Buyer to verify all information.

Located in the City Terrace neighborhood. Minutes to Cal State LA and USC/LAC Hospital.

Map of 1531 N Herbert Ave, Los Angeles, CA 90063 (Los Angeles County)

Research for 1531 N Herbert Ave, Los Angeles, CA 90063 (Los Angeles County)

  • Demographics – Population, income & other demographics near 1531 N Herbert Ave
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
Created 1/10/2012