Property · 3 recorded sales since 2018
Listing Agent: Neema Ahadian (DRE #01346750) · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Neema Ahadian · Marcus & Millichap · MLS #22153607 · Source: CRMLS
A 4-unit stabilized investment opportunity in the Glassell Park neighborhood. The subject property, situated in the hills provides sweeping views plus the tranquility of a quiet tree lined neighborhood. The building features a strong unit mix of two 2+1's and two 2+2's townhouse style units. On site laundry is available to tenants and provides additional monthly income.Strong in-place rental income provides stable current cash flow to an investor. There are eight gated parking spaces on the property. The building totals 3,224 SF and sits on a 7,249 SF lot. Built in 1988, the subject property does not fall under the LA county rent control regulations.
Listing description from the October 2022 sale, as reported to CRMLS.