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$1,050,000
Est. payment /mo
6,712 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219149059DA
HOA Y/N No
Year Built 1971
Lot Size 6,712 Sqft
Property Description
64 S Ford Blvd, East Los Angeles | 4-Unit InvestmentOn the market for the first time since 1971. Opportunities like this don't come around often -- a well-maintained, fully occupied fourplex held by the same owner for over five decades, now available to the next investor.The numbers:Four spacious 2-bedroom, 2-bath units100% occupied -- zero vacanciesThis is a true turnkey income property. All four units are rented and have been consistently maintained throughout the ownership. Day-one cash flow with built-in upside as rents are brought toward current market over time.Location is the headline. Set in the heart of East Los Angeles, this property sits in one of LA's most rental-resilient corridors -- densely populated, transit-rich, and steps from the Metro, major commuter routes, shopping, dining, and employment centers. East LA College, Cal State LA, and USC Health Sciences are all within easy reach, feeding consistent rental demand. This is the kind of location that stays rented in any market.Important details for buyers:Drive-by viewing only -- do NOT disturb tenantsOffers subject to inspectionSeller will work with a 1031 exchange -- ideal for investors repositioning gainsWhether you're building a portfolio, completing a 1031, or seeking stable cash flow in a proven rental market, 664 S Ford checks the boxes that matter. Properties this tightly held rarely surface -- and when they do, they don't last.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet
Fireplace No
Exterior
Parking Features Assigned, Detached Carport, On Street
Carport Spaces 8
View Y/N No
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5247011012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Stephen Powell Epique Realty #01488821
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Lucio Real Estate Group
Broker Associate License ID: 01893011
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