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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$895,000

Est. payment - /mo

4 Beds

4 Baths

2,372 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,372 sqft

Price per Sqft $377

MLS Listing ID 25576939

Bedrooms 4

HOA Y/N No

Year Built 1923

Lot Size 7,501 Sqft

Property Description

Looking to invest in an affordable income property in Northeast LA? There are currently only 3 fourplexes for sale in the 90065 zip code, and this one is at least $355K CHEAPER than the rest! This charming 4 unit is located in the palm tree lined residential streets between San Fernando Rd and Eagle Rock Blvd, south of the 2 Freeway near the Ribet Academy. There are 2 duplex structures on the lot, and all units are 1Br+1Ba. There is also open parking in the rear. All tenants are long term, Contact the listing agent for a rent roll and more info. Relocation for owner occupancy and/or TIC conversion may be an option (Buyer to verify). Glassell Park is one of Northeast LA's most desirable neighborhoods. Known for its hilly terrain and scenic views, the area offers a mix of residential charm and urban convenience, not to mention amazing local restaurants and retailers. The median sale price for homes in Glassell Park is approximately $1.22million, reflecting an 11.1% year over year increase. This is a high barrier to entry area with rentals always in great demand. An excellent long term, affordable investment!

Location

State CA

County Los Angeles

Area 623 - Glassel Park

Zoning LAR1

Interior

Cooling Electric

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Concrete, Gated

Pool None

Community Features Gated

View Y/N Yes

View Hills, Trees/Woods

Roof Type Composition,Shingle

Accessibility None

Porch Covered, Front Porch

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard, Lawn, Yard

Faces West

Story 1

Entry Level One

Foundation Raised

Sewer Sewer Tap Paid

Architectural Style Bungalow

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5457011016

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

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Listed by Dana Coronado Compass

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2737 W Avenue 30 AVE Los Angeles, CA 90065