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Key Details
Sold Price $14,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19503922
Sold Date 07/09/20
HOA Y/N No
Property Description
The Coral Reef is a two-story, 62 unit multifamily property that was constructed in 1948 and 1963 on an oversized 1.55 acre lot, with a total building size of 38,996 square feet. The lushly landscaped courtyard property offers an intercom entry, a remote controlled parking gate, an on-site laundry facility, a gated pool, 81 parking spaces, and a stand-alone recreation room. The Coral Reef has a desirable unit mix of 14 studios, 5 one-bedroom/one-bathroom units, 39 two-bedroom/one-bathroom units, and 4 two-bedroom/one-and-one-half-bathroom units. Units are spacious and offer carpet and vinyl flooring, gas stoves, garbage disposals, and wall units for heating and cooling. The Coral Reef has been well-maintained and has seen partial unit renovations in approximately 40 units. Partially renovated units have been updated with tile, laminate, and/or vinyl-plank flooring, granite or quartz countertops, new wall units for cooling, and upgraded appliance packages.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Zoning LA R3
Interior
Heating Wall Furnace
Flooring Carpet, Tile, Wood
Fireplace No
Appliance Disposal
Exterior
Parking Features Carport, Uncovered
Pool Fenced
Community Features Gated
Private Pool No
Building
Story 2
Others
Senior Community No
Tax ID 5387002023
Security Features Gated Community
Special Listing Condition Standard
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Bought with Priscilla Nee • CB Richard Ellis, Inc.