5333 Hyde Street is opportunity to purchase a six (6) unit low rise apartment building consist five (5) 2 bed / 1 bath, one (1) 1 bed / 1 bath, built in 1964, with a 5,027+/- square foot structure located on a lot size of 6,324+/- square feet of semi-improved land zoned “R1-1” One-Family Zone, with 118 linear feet along Hyde Street. Owner Carry Back Financing is available with requiring a 35% down payment, 5-year loan term, the current interest rates between 4.50% to 5.50% for qualified Buyers. Mandatory Los Angeles Soft Story Retrofitting work has been completed.
Located just minutes from Downtown Los Angeles and 5 minutes from the shopping area at Fremont Ave & Commonwealth Ave that provides access to retailers like Costco, PetSmart, Big Lots and many more. 5333 Hyde Street is also located 2 minutes away from Sierra Park Elementary School and 6 minutes away from Woodrow Wilson Senior High School, offering on site ample parking, a 61 Walk Score, 1-mile Median HH Income $65,307.00, and is situated in the high-density Blue Collared Community rental market of El Sereno.