La Puente, CA 91744,1174 Del Valle AVE
La Puente, CA 91744,1174 Del Valle AVE
La Puente, CA 91744,1174 Del Valle AVE
50
$3,825,000
$3,995,000
4.3%
Est.Price: ?

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0.76 Acres Lot

1174 Del Valle AVE La Puente, CA 91744

Est. payment /mo
SOLD DATE : 10/28/2022

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Key Details

Sold Price $3,825,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22135817

Sold Date 10/28/22

HOA Y/N No

Year Built 1962

Lot Size 0.760 Acres

Property Description

$500,000 PRICE REDUCTION, 12X GROSS ON ACTUALS! First time on the market in decades: massive generational corner asset consisting of 14 units with almost 12,000 square feet of living space on over 33,000 square feet of land! Park-like campus consisting of 6 separate structures on 3 parcels fronting three residential streets. Excellent unit mix with 11 two bed, one bath units, 1 one bed, one bath unit, 1 two bed, one bath house, and 1 three bed, two bath house (currently configured as two units with connecting door). 11 out of 14 units updated with new kitchen cabinets, quartz counters, tile bathrooms, and vinyl plank floors. Ideal income profile at 12.08X gross on actual rents with a 3% true upside to 11.69X gross on market rents. Well parked with 3 enclosed garages and 11 covered parking spaces (no tuck under). Listed rents are based on an increase that are in progress. Please call co-listing agent with questions.

Location

State CA

County Los Angeles

Area 633 - Industry/La Puente/Valinda

Zoning LPR3*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 3.0

Carport Spaces 11

Garage Description 3.0

Pool None

Community Features Urban

Total Parking Spaces 14

Private Pool No

Building

Lot Description 11-15 Units/Acre, Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8252009001

Energy Description 3376.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard, Trust

Lease Land No

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CRMLS – RECore
Listed by Anthony Walker Buckingham Investments, Inc
Bought with Jagmeet Singh Keller Williams Realty
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agent

Sandy Dabbs

Agent | License ID: 02120617

+1(714) 287-9983

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