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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,615,000

Est. payment - /mo

9,870 Sqft Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID WS25094375

HOA Y/N No

Year Built 1950

Lot Size 9,870 Sqft

Property Sub-Type Apartment

Property Description

Glen Iris Gardens is a beautifully maintained, pride-of-ownership 4-unit property located in the desirable Los Angeles neighborhood of Eagle Rock. Built in 1950, this charming 3,410 sqft, single-story asset sits on a 9,871 sqft lot. The property consists of 2 separate buildings featuring a raised foundation and pitched composition shingle roofs. The unit mix includes one 1-bedroom/1-bath unit, two 2-bedroom/1-bath units, and one 3-bedroom/1.75-bath unit. Each unit enjoys its own designated parking space (7 total) with Unit 5087 additionally renting a one-car storage space for $150/month. All units are individually metered for gas, electricity and hot water, while the owner covers water, sewer and trash services. Interiors boast of original hardwood floors or updated vinyl plank flooring, vinyl flooring in kitchens and bathrooms and charming tile or stone countertops alongside gas stoves/ovens. Each unit is equipped with wall A/C units and gravity heating for comfort. Threeunits (5081, 5083 and 5085) offer in-unit washer/dryer hookups, there is no common laundry facility. The property has original galvanized plumbing (repaired as needed) and older electrical sub-panels. Glen Iris Gardens is subject to Los Angeles rent control regulations, and buyers are advised to independently verify all property details. This is a rare opportunity to own a well-cared-for, low-maintenance income property in a strong rental market.

Location

State CA

County Los Angeles

Area 618 - Eagle Rock

Zoning LARD1.5

Interior

Heating Gravity

Cooling Wall/Window Unit(s)

Flooring Vinyl, Wood

Fireplace No

Appliance Gas Oven

Laundry Washer Hookup, None

Exterior

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Pool None

Community Features Curbs

Total Parking Spaces 7

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5686006002

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard, Trust

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Listed by KEVIN LUTZ • Keller Williams Realty/Pasadena • 626-429-0685

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5081 Glen Iris AVE Los Angeles, CA 90041