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$ 10,500,000
Est. payment | /mo
2 Beds
2 Baths
$ 10,500,000
Est. payment | /mo
2 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25125484
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
Property Description
Vincent Village Apartments, located at 4810 North Vincent Avenue in unincorporated Los Angeles County, California. The property offers a compelling financial advantage with an assumable loan of approximately $4,700,000 with Chase Bank, payable at a 3.49% fixed interest rate through May 2027. Constructed in 1984, this 38+2 unit multifamily investment is situated on a spacious 1.37-acre parcel with an approximate building size of 26,969 square feet. The property comprises thirty-eight two-bedroom/onebathroom units and two non-conforming studio/one-bathroom units. Select units feature laminate/tile flooring, granite or quartz countertops, dishwashers, and private patios or balconies. All apartments are equipped with wall A/C and heating units, gas ranges, and are individually metered for gas and electricity. Additional amenities include two central water heaters, copper plumbing, a gated entry, swimming pool, on-site laundry facility (leased), a managers office with bathroom, and a greenbelt area with the potential to build eight ADUs. Parking accommodations consist of 41 carport spaces and 32 open parking spaces, along a concrete driveway. Unincorporated Los Angeles County is subject to its own rent control ordinance (buyer to verify). Vincent Village Apartments is ideally positioned in the San Gabriel Valley, offering seamless connectivity to Interstate 10, 210, 57, and 605 freeways, and within proximity to Downtown Los Angeles. The area is supported by convenient public transportation via the Covina and Baldwin Park Metrolink Stations, giving residents multiple commuting op
Location
State CA
County Los Angeles
Zoning Public Rec
Direction I-10W , Exit Vincent Ave. First Right, to the Left of Vincent Ave.
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 8410012026
Listed by Douglas McCauley MARCUS & MILLICHAP