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Listing Details

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School Ratings & Info

Description

Tremendous upside potential with this fourplex in red hot Northeast LA near trendy Highland Park, Atwater Village, and Mt. Washington. This property is subject to the Los Angeles Rent Stabilization Ordinance (RSO) and will be delivered fully occupied. All tenants are month-to-month. The property consists of two structures, each with two units. The 1921 front structure measures 870 sq ft (per assessor) and consists of two 1-bedroom, 1 bath units with rents of $955 and $926. The 1957 rear structure measures 1,380 sq ft (per assessor) and is comprised of two 2-bedroom, 1 bath units with rents of $1054 and $926. There are four parking spaces in the rear of the property. Units are separately metered for electricity and gas. Landlord pays water. Within a two-mile radius, the average household income is $87,598, median age is 36, and 59% of households rent -- a rich pool of rental prospects. The property is ideally situated near freeways, eateries, services, and a short distance from Dodger Stadium and Downtown LA.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T21:31:45.67. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/117846960
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3359 Roseview Avenue Los Angeles (City), CA 90065

  • Price: $1,235,000
  • Status: Active
  • Updated: 60 min ago
  • ID#: 21742832
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Beds
0
Baths
0
½ Baths
0.12
Acres
1921
Built
Neighborhood:
CYPK - Cypress Park
County:
Los Angeles
Area:
CYPK - Cypress Park
Property Description
Tremendous upside potential with this fourplex in red hot Northeast LA near trendy Highland Park, Atwater Village, and Mt. Washington. This property is subject to the Los Angeles Rent Stabilization Ordinance (RSO) and will be delivered fully occupied. All tenants are month-to-month. The property consists of two structures, each with two units. The 1921 front structure measures 870 sq ft (per assessor) and consists of two 1-bedroom, 1 bath units with rents of $955 and $926. The 1957 rear structure measures 1,380 sq ft (per assessor) and is comprised of two 2-bedroom, 1 bath units with rents of $1054 and $926. There are four parking spaces in the rear of the property. Units are separately metered for electricity and gas. Landlord pays water. Within a two-mile radius, the average household income is $87,598, median age is 36, and 59% of households rent -- a rich pool of rental prospects. The property is ideally situated near freeways, eateries, services, and a short distance from Dodger Stadium and Downtown LA.
Exterior Features

Parking Features AssignedDriveway View None View YN No

Interior Features

Appliances RefrigeratorVented Exhaust Fan Cooling None Cooling YN No

Property Features

Disclosures Rent Control Gross Income 46332 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 29932 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lar1

Listing provided courtesy of James Adner of Keller Williams Hollywood Hills


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T21:31:45.67. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395