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4939 Malta Street, Highland Park, CA 90042

For Sale
Sale Pending

$1,090,000

6 beds • 4 baths • 2,724 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $400.15
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Four detached Spanish style houses in the trendy Highland Park area. Front 2 units are 2-bedroom 1 bath. Back units are 1 bedroom 1den and 1 bath each. Carport space is rented separately. Carport's roof was installed in 2015. Other buildings' roof were installed in 2013. Separated Gas and Electrical Meters for each unit. Most tenants have been living there for more than 14 years. Most copper plumbing pipes and most electrical wires were installed in most areas except unit #4939.5 which has not been done. Newer windows for unit#4939.5. Lots of upside rent potential. Centrally located. Minutes away to Downtown L.A., South Pasadena, Mt. Washington, etc... Close to Fwy 101, 110, 5 and 2. Metro Station is nearby. High demand rental area. Great potential for investors or developers. Lots of newer homes are built or under construction in nearby areas. Owners will not evict any tenants and will deliver the property in its "as-is" conditions with tenants. Property needs updates and fix up. Buyer to co-operate with seller for the 1031 tax deferred Exchange at no cost to buyer. Expenses are estimated only. Buyers and buyer's agent to do their due diligence to inspect and investigate the permits, room counts, conditions and development requirements of the property.
MLS# WS24001976

Courtesy Of US National Realty

(626) 888-9808

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range - Gas
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Heating System
    Central Furnace
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath, Kitchen, Living Room

Map and Directions

Directions to 4939 Malta Street, Highland Park, CA 90042

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(323) 254-3966
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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