1416 Malvern Avenue, Los Angeles, CA 90006

About this property

PRICE REDUCED TO FAST SELL!!! Well Maintenance 4 Unit Income property, located on of most desired rental place, within minutes of DTLA, Korea town and USC. New Pavement , New Roofing with City Permit (2018), New Exterior Paint with City Permit (2021), Foundation Repaired(2019) and with light remodeling all units. Rent can be raised up to 7%. All utilities are paid by the owner. See attached for CAP/GRM One of units is belongs to Section 8. The property located "ALVARADO TERRACE HISTORIC DISTRICT PARK(cozy and cleaned)" is a designated historic district in the Pico-Union district of Los Angeles. $400 is the storage rental income as M-T-M.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$800,000

Sold July 2023 · listed $849,000, on market May 2023 · MLS #23272875 · Source: CRMLS

Listing Agent: Eui Chang · Listing Office: The H Realty · Contact: 818-495-5432 · Bought with: Judy Lin Young · RubyHome Corporation

$610,000

Sold April 2017 · listed $629,000, on market June 2016 · MLS #16137206 · Source: CRMLS

Listing Agent: Sue Choi · Listing Office: Choice 100 Realty, Inc. · Contact: 323-737-4567 · Bought with: Eui Chang · Landpac Realty

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