2679 Knox AVE new

Los Angeles,CA 90039

$ 875000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG25113222

HOA Y/N No

Year Built 1938

Lot Size 6,873 Sqft

Property Sub-Type Triplex

Property Description

This 3-unit property presents a compelling opportunity for investors and those pursuing a 1031 exchange. It's important to note that the units will not be delivered vacant. The property's location is highly desirable, with close proximity to Elysian Park, Dodger Stadium, Echo Park Lake, hiking trails, Griffith Park/Observatory, Hollywood Bowl, Universal Studios, and Silver Lake Meadows. Furthermore, it offers convenient access to transportation, the Los Angeles River Trail, restaurants, downtown LA, and surrounding cities, making it an ideal location for those who enjoy walking, running, or cycling. The garage, currently not in use by the tenants, presents a potential opportunity for adding a 4th unit. This property previously consisted of 4 units before being converted into its current 3-unit configuration. The two ground-level units are well-maintained, featuring a recently replaced roof. Sellers will not entertain owner-occupied offers. Thank you for showing interest, and good luck!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR2

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs

Private Pool No

Building

Lot Description Level

Story 2

Sewer Unknown

Water Public

New Construction No

Others

Senior Community No

Tax ID 5442020030

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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