Los Angeles, CA 90008,Ave
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$ 1,300,000
Est. payment /mo
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Price Dropped by $100K

Ave Los Angeles, CA 90008

8 Beds

4 Baths

5,396 SqFt


UPDATED:

11/08/2024 08:39 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,396 sqft

Price per Sqft $240

MLS Listing ID 24-449303

Style Spanish Colonial

Bedrooms 8

Year Built 1928

Lot Size 5,501 Sqft

Acres 0.1263

Property Description

We are pleased to present this 4 Unit multifamily investment in the desirable rental area of Leimert Park. This building offers four 2-bedroom 1 bath units boasting 1,349 square feet of living space. The structure was built in 1928 of wood-frame stucco construction with stylish Spanish Colonial architecture. The units have a total of 5,396 square feet and are situated on a 5,501 square foot lot, which is zoned LAR3. Currently the total monthly income is $6,271 per month, leaving a new Owner plenty of upside in the rents upon turnover. The building is fully occupied, and no units will be delivered vacant. Please make all offers subject to inspection and submit proof of funds and DU approval with all offers. Please do not disturb tenants.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan, Wall/Window, Other

Flooring Mixed

Equipment Ceiling Fan

Exterior

Parking Features Garage - 3 Car, Uncovered

Garage Spaces 4.0

View Y/N No

View None

Building

Story 2

Sewer In Connected and Paid

Water Water District, Public

Architectural Style Spanish Colonial

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by McAlpin & Company

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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