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2047 Cambridge Street, Los Angeles, CA 90006
$1,276,000
2047 Cambridge Street, Los Angeles, CA 90006View this property at 2047 Cambridge Street, Los Angeles, CA 90006
2047 Cambridge StreetLos AngelesCA90006
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Property Description
We are pleased to present this 4+2 non-conforming unit investment property located 3 miles west of Staples Center and Downtown Los Angeles. The property consists of (3) 2 Bed/1 Bath units, (2) non-conforming 2 Bed/1 Bath Units & (1) 1 Bed/1 Bath Unit. The property comprises two structures, a two-story building built in 1914 (permitted), and a single-story building built in 2001. Permits can not be found for the building built in 2001. The city has completed their yearly inspections on the property and no current violations exist. Buyer and Buyer's Agent to complete their own investigations. Tenants enjoy a gated and private entryway, as well as an onsite coin-operated laundry facility which provides extra income for the owner. A multitude of capital improvements have been completed such as copper plumbing throughout, renovated interiors, hardscape, and a new gated entry. This is a true value-add deal for a savvy investor. With its proximity to entertainment, a densely populated job market, and a plethora of landmarks, this property offers potential for growth in the short, and long term.
Full Property Details
Full Property Details for 2047 Cambridge St
General
- Sold For: $1,276,000
- Status: Closed
- Type: Multi-Family
- MLS ID: CV21131602
- Added to Site: 1, 053 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Location
- Area: C16 - Mid Los Angeles
- County: Los Angeles
- Development Name: C16 - Mid Los Angeles
- Driving Directions: North of I-10, West of CA-110; Near Intersection of Normandie Ave & Cambridge St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 4
Structural Information
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,643
- Year Built: 1914
Unit Information
Unit 1
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1491
- Lot Size Source: Assessor
- Zoning: LAR2
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $350.26
- Price Per Unit: 212500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
Listed by Re/Max 2000 Realty, KRISTOPHER GERMAN
Sold by Keller Williams Larchmont, Tiffany Sung Park
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Schools
Schools serving 2047 Cambridge St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1211 S Hobart Blvd, Los Angeles, CA 90006 | K-5 | 0.3 mi | |
1512 Arlington Ave, Los Angeles, CA 90019 | 6-8 | 0.9 mi | |
1500 W Washington Blvd, Los Angeles, CA 90007 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2047 Cambridge St
Date
Details
Price
Change
Source
12/15/2021
Sold
$1,276,000
0.08%
MLS
8/25/2021
Price Reduced
$1,275,000
-10.53%
MLS
6/17/2021
Listed
$1,425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2047 Cambridge Street, Los Angeles, CA 90006 (MLS# CV21131602) is a Multi-Family property that was sold at $1,276,000 on December 15, 2021. Want to learn more about 2047 Cambridge Street? Do you have questions about finding other Multi-Family real estate for sale in Harvard Heights? You can browse all Harvard Heights real estate or contact a Coldwell Banker agent to request more information.