2159 La Canada Crest Drive

La Canada Flintridge, CA 91011

$2,385,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $509 / sqft

1962

calendar_month Built

Property Description

2159 La Canada Crest Dr. is a charming, well-maintained 5-unit apartment building located in the coveted La Canada Flintridge submarket. With limited apartment stock, great schools and a robust job market, this opportunity is a one of a kind for investors seeking to own in one of the nation's most prized cities. The units are spacious, clean and well laid-out. All units have two bedrooms and one bathroom. Two of the units have an additional half bath. Unit features include some updated appliances, hardwood floors and large outdoor patios with panoramic hillside views. The Building sits on the corner of La Canada Plaza Rd and La Canada Crest Dr. It is right off the main drag of Foothill Blvd where all the dinning, shopping and entertainment one could enjoy. Easy access to the 2 and 210 freeways. Very short drives to USC Verdugo Hills Hospital, Keck Medicine of USC, JPL and La Canada Flintridge Country Club. Tenants will also have an array of outdoor recreation activities at their disposal with many parks, trailheads, and campsites located in all the surrounding mountain ranges. Investment opportunities in the area are fare and few between as one to two transactions take place in the apartment market here on a yearly basis.

Listing Information

Close Price $2,385,000
Close Date Tuesday, January 3rd, 2023
Status Closed
MLS DW22215192
Type Residential Income
Year Built 1962
Lot Size 8,808
Structure Size N/A
DOM 16
Courtesy Of Ally Commercial Real Estate
Listing Agent Rickird Rey Ramirez DRE#01964882

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Rickird Rey Ramirez, Ally Commercial Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 9th, 2023 at 2:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.