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$1,100,000
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Property Description
PERFECT INVESTMENT OPPORTUNITY IN A QUICKLY GROWING AREA OF SOUTH LA. This charming quadraplex has been owned and cared for by the same family since its origination. Interior neighborhood location offers luscious green scape views of a large nursery situated across the street. The front unit is a freestanding single family home featuring a large welcoming front porch, 2 bedrooms, one full bathroom, vintage kitchen and newer laminate faux wood floors. The center courtyard offers parking for the first unit and large mature fruit trees. The second building is a triplex comprised of two 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit. All of the four units are individually metered. Two of the rear units could use paint and fresh carpet and one of the units has recent modern upgrades. The entire property is outfitted with high ceilings, vintage aesthetics and tray ceilings. To the rear of the property is room for more parking and a large fruit producing avocado tree. Finally a detached two car garage completes this property where a utility room could house laundry facilities or expand the possibilities by adding on an ADU. High demand rental area, TOC Tier 2 and Opportunity Funds available; per Zimas, buyer to verify. The potential of this investment ready quadraplex is available now for its new owner to further maximize its earning potential. This one will not last long, so submit your best offer today!
Full Property Details
Full Property Details for 9232 Success Ave
General
- Sold For: $1,100,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW23065078
- Added to Site: 1, 041 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Chair Railings, Coffered Ceiling(s), Crown Molding, High Ceilings, In-Law Floorplan, Tile Counters, Tray Ceiling(s)
- Fireplace(s): None
- Appliances: Water Heater
- Flooring: Carpet, Laminate, Tile, Wood
Rooms
Other Rooms
- Laundry: None, In Garage, See Remarks
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Driveway, Paved, Garage, On-Site
- Parking: Driveway, Paved, Garage, On-Site
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: From the I-105 Fwy take exit 9 - Central Ave and head north. At fork in road veer to the right, onto Hooper Ave. Then turn right onto E. 92nd st. Then make a right onto Success Ave. Property is on the left.
- Direction Faces: West
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Bungalow
- Foundation: Raised
- Roof: Composition, Shingle
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,958
- Year Built: 1934
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.2226
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Front Yard, Lawn, Near Public Transit, Park Nearby, Sprinklers in Front
Financial Considerations
- Price Per Sq. Ft.: $277.92
- Price Per Unit: 299750
Listed by The Shire Real Estate Group, Jennifer Harris
Sold by Veliz Empire Realty, Karina Veliz
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Schools
Schools serving 9232 Success Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Ninety-Sixth Street Elementary School 1471 East 96th Street, Los Angeles, CA 90002 | 6-5 | 0.2 mi |
Charles Drew Middle School 8511 Compton Avenue, Los Angeles, CA 90001 | 7-8 | 0.6 mi |
Jordan High School, Los Angeles, CA 2265 East 103rd Street, Los Angeles, CA 90002 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9232 Success Ave
Date
Details
Price
Change
Source
6/09/2023
Sold
$1,100,000
-8.26%
MLS
4/20/2023
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9232 Success Avenue, Los Angeles, CA 90002 (MLS# PW23065078) is a Multi-Family property that was sold at $1,100,000 on June 09, 2023. Want to learn more about 9232 Success Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

