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Property Features |
| Type: |
Income |
| Offered at: |
$995,000.00 to $995,000
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| Rental Rate: |
$5,900/month |
| Bedrooms: |
8
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| Bathrooms: |
4
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| Living Area: |
4090 sq. ft.
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| Lot Size: |
6750 sq. ft.
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Fantastic Spanish 4-Plex from the 1920s. The property features classic 1920s Los Angeles Spanish architecture in a four unit layout, two units downstairs and two upstairs with their own entrances.
This two story building has all 2-bedroom units with separate washer/dryer hook-ups in each and four car covered parking. Buyers could easily owner/user with the other rentals offsetting home ownership costs and 1-4 family loan rates and terms. Or rent all units for cash flow. Currently, new market rents are approximately $1,600/month/unit.
The property is located near Melrose on a quiet residential street lined with like-kind properties. It is walking distance to either Raleigh or Paramount Studios and an easy drive / public transport to the Grove, Melrose and Santa Monica Boulevard shopping.
With exterior paint to match your personal taste combined with landscaping to accent the building architecture this property would be a great home!
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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The information at this site is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the owner of the site is licensed. The owner is not making any warranties or representations concerning any of these properties including their availability. Information at this site is deemed reliable but not guaranteed and should be independently verified.
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