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347 S Avenue 19, Los Angeles, CA 90031
$1,050,000
347 S Avenue 19, Los Angeles, CA 90031View this property at 347 S Avenue 19, Los Angeles, CA 90031
347 S Avenue 19Los AngelesCA90031
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Property Description
We are pleased to introduce 347 South Avenue 19, a 5-unit apartment complex situated in the heart of Lincoln Heights. Coming to market for the first time in 45-years, this property offers investors a golden chance to realize substantial rental growth as units become available. Built in 1972, the property features (1) 3-Bedroom/2-Bathroom Single Family Residence, accompanied by (4) 2-Bedroom/1 Bathroom units. Spanning 3,944 square feet of living space, the property is situated on an 8,317 square foot lot which provides the potential to add ADUs (Buyer to verify). All units are individually metered for gas and electricity, and the property provides tenants with 5 covered parking spots. Located north of N. Main Street and west of the 5 freeway, this property boasts a commendable walk score of 84. Nearby, you'll find local supermarkets, emerging restaurants, and the renowned Chavez Ravine, home of Dodger stadium. Downtown Los Angeles, Chinatown, the Arts District, Boyle Heights, and many more neighborhoods are merely a brief drive away. Plus, with seamless access to both the 110 and 5 freeways, navigating the Greater Los Angeles becomes a breeze.
Full Property Details
Full Property Details for 347 S Ave 19
General
- Sold For: $1,050,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-308211
- Added to Site: 253 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 11
Additional Information
- Other Features: None
Parking
- Covered Spaces: 5
- Garage Description: Covered Parking
Location
- Area: Lincoln Heights
- County: Los Angeles
- Driving Directions: Head East on Mozart Street and turn right onto South Avenue 19
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 3,944
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1972
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1909
- Lot Size: 8317
- Lot Size Source: Vendor Enhanced
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $266.23
- Assessment Year: 1972
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5447-030-005
Listed by Marcus & Millichap, Sevak Keshishian
Sold by Realty World California Properties, VICTOR GARCIA
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Schools
Schools serving 347 S Ave 19
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
322 S Avenue 18, Los Angeles, CA 90031 | K-6 | 0.1 mi | |
3311 N Figueroa St, Los Angeles, CA 90065 | 6-8 | 1.3 mi | |
3501 N Broadway, Los Angeles, CA 90031 | 9-12 | 1 mi | |
4500 Multnomah St, Los Angeles, CA 90032 | 9-12 | 1.9 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 347 S Ave 19
Date
Details
Price
Change
Source
12/26/2023
Sold
$1,050,000
-4.55%
MLS
10/06/2023
Price Reduced
$1,100,000
-8.33%
MLS
9/06/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
347 S Avenue 19, Los Angeles, CA 90031 (MLS# 23-308211) is a Multi-Family property that was sold at $1,050,000 on December 26, 2023. Want to learn more about 347 S Avenue 19? Do you have questions about finding other Multi-Family real estate for sale in Lincoln Heights? You can browse all Lincoln Heights real estate or contact a Coldwell Banker agent to request more information.