Thank you
Jonathan Jay
Bruce Jay Associates
323-660-3600
Up and Coming Harvard Heights (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
Sell a home like this and save $82,841 Find Out How
Total Bedrooms : 4
Total Baths: 4
Full Baths: 0
Half Baths: 0
Property Appliances: Refrigerator
None
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1905
Building Area Total: 2,212
Gated Community
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1386
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6039
Original List Price: 1,389,000
Listing Contract Date: 2023-12-27
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5075026006
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
Source Listing Status: Active
Source Neighborhood: C16 - Mid Los Angeles
Postal Code Plus 4: 5217
Directions: See Google Maps, just below Venice Blvd., just west of Normandie Avenue!
Zoning: LAR2
Source Property Type: Residential Income
Area: C16 - Mid Los Angeles
Property Age: 119
Year Built Source: Assessor
Total Square Feet Living: 2212
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1637 S Vermont Avenue, Los Angeles, CA,90006 | $2,600,000 | -- | -- | -- | 12750 Sqft |
1833 W Pico Boulevard, Los Angeles, CA,90006 | $1,350,000 | -- | -- | -- | 6247 Sqft |
980 S Oxford Avenue #403, Los Angeles, CA,90006 | $770,000 | 3 | 2 | 1,324 | 15497 Sqft |
1661 S Normandie Avenue, Los Angeles, CA,90006 | $1,200,000 | 2 | 1 | 3,396 | 6208 Sqft |
1421 Courtland Avenue, Los Angeles, CA,90006 | $900,000 | -- | -- | 2,087 | 3941 Sqft |
1144 Elden Avenue, Los Angeles, CA,90006 | $3,000,000 | 18 | -- | 9,758 | 7000 Sqft |
1138 S Mariposa Avenue, Los Angeles, CA,90006 | $1,499,000 | 8 | -- | 4,064 | 5904 Sqft |
1125 S Lake Street, Los Angeles, CA,90006 | $968,000 | 9 | 4 | 4,117 | 8579 Sqft |
943 S Normandie Avenue #1, Los Angeles, CA,90006 | $420,000 | 1 | 1 | 338 | 4140 Sqft |
1217 S Kingsley Drive, Los Angeles, CA,90006 | $890,000 | 3 | -- | 1,597 | 5899 Sqft |
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ByOwner last updated this listing 05/16/2024 @ 04:55
MLS: 23321311
LISTED BY: Jonathan Jay, Bruce Jay Associates
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.