Back 3820 Tampico Ave
Off Market

3820 Tampico Ave

Los Angeles CA 90032

5
2
0.16 ac.
Multi-Family
Last sold for $1,100,000
Gil LegaspiGil Legaspi, last sold this property on 20 May 2022 after -4 days on market.

Overview

We are pleased to offer for sale this 5 unit investment property located in the city of Los Angeles. The property is located in the "North East " section of the city which is a highly desirable rental area. The subject property is comprised of 2 structures, one detached 2Bed/1Bath unit, and a second structure with 4(1Bed/1Bath) units. The current owner has kept the rental rates well below market, making this a great opportunity for the savvy investor to utilize "substantial improvement" to reposition the property and take advantage of potential upside in rental income!

Features

5 bedrooms
2 bathrooms
0.16 ac. lot size
Multi-Family

Estimated Value

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

Property history for 3820 Tampico Ave

2022
Sold
$1,100,000
20 May 2022 by Gil Legaspi, of Realty Executives Com. & Res.

Happy sellers in Los Angeles

96%
96% 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 5 reviews in Los Angeles over the last 12 months.

Local market activity for 5 bedroom multi families in Los Angeles

In the last 12 months, 3 five-bedroom multi families similar to 3820 Tampico Ave, have been sold.

This represents a 200% decrease in five-bedroom multi families sales when compared to the previous 12 months.

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