Back 244 W 62nd St
Off Market

244 W 62nd St

Los Angeles CA 90003

5
4
3385 sq. ft.
4625 sq. ft.
Duplex
Last sold for $750,000
Robby MoonRobby Moon, last sold this property on 11 January 2022 after 68 days on market.

Overview

Amazing opportunity to own this 4 unit property with positive cash flow. $5,450/month of rent collected. Never missed a payment. All lease agreements in place and proof of payments are in tact. Location is everything and this property is only 10 minutes away from USC and close to the 110 freeway for convenience. Property also has a large gated parking lot to accommodate all tenants. The potential for growth while receiving positive cash flow does not come around often. Take a look now while this investment opportunity is available!

Features

5 bedrooms
4 bathrooms
3385 sq. ft. floor area
4625 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Los Angeles over the last 12 months.

Property history for 244 W 62nd St

2022
Sold
$750,000
11 Jan 2022 by Robby Moon, of Moon Realty
2016
Sold
$485,000
29 Jan 2016 by Christian Flores

Happy sellers in Los Angeles

100%
100% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 5 bedroom duplexes in Los Angeles

In the last 12 months, 3 five-bedroom duplexes similar to 244 W 62nd St, have been sold.

This represents a 60% increase in five-bedroom duplexes sales when compared to the previous 12 months.

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