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Diego Magdaleno

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

$1,599,000

Est. payment - /mo

9 Beds

6 Baths

3,884 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,884 sqft

Price per Sqft $411

MLS Listing ID 25532239

Bedrooms 9

HOA Y/N No

Year Built 1915

Lot Size 6,285 Sqft

Property Description

SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. ** $100,000.00 PRICE ADJUSTMENT. NOW WITH SERIOUS PRICE, LOOKING FOR THE SERIOUS BUYER. ** ALL EXPENSES PAID BY TENANTS. LOW MAINTEANCE COST. ** 1031 EXCHANGE BUYERS, LOOK NO FURTHER.** DON'T WAIT!! OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT AND TAKE IT FASTER THAN ANYONE ELSE. LEAST EXPENSE BUILDING IN TOWN. Back unit Completely remodeled and permitted. Whopping 4 bedroom 4 bathroom(possibly to turn into 2 units, (one for top and one for bottom for separate tenants) 1838 Sq ft. CURRENTLY PAYING $4,500.00. BRAND NEW STOVE/OVEN, REFRIGERATOR, WASHER/DRYER, DISWASHER, SPLIT UNIT AIR CONDITIONERS, LARGE BACKYARD WITH SAIL CANOPY FOR PRIVACY. Over 6200 SQFT , R3 zoned Tier 3 in Hollywood, The Property consists of a remodeled duplex in the front with ( 3 bedroom/ 1bathroom)(RECENTLY LEASED) + (2 bedroom / 1 bathroom) (PAYING $2,250.00 PER MONTH) units totaling 2,046 Sq Feet expected to generate $5,540 a month. Close proximity to SilverLake , Paramount Pictures, Downtown Los Angeles and Hollywood. please do not disturb the tenants. THIS WILL BE A STABLE CASH FLOW COW FOR THOSE WHO NEED 1031 EXCHANGE, LOW MAINTENANCE COSTS (all utilities, including and not limited to water/sewer is being paid by tenants)

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Combination

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned

Building

Entry Level One,Two

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 5536002010

Special Listing Condition Standard

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Listed by Max Lee • Real Broker

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5633 La Mirada AVE Los Angeles, CA 90038