2325 LAVERNA Avenue, Los Angeles, CA 90041
Property · 2 recorded sales since 2019
Sold June 2021
Listing Agent: Cyril Saelens (DRE #02037404) · Listing Office: Keller Williams Realty Los Feliz · Contact: 323-300-1000 · Bought with: Howard Li · Swofe Realty · MLS #21721416 · Source: CRMLS
About this property
Property was Ellis Act on Feb 2020 to be converted as T.I.C. units. 4-unit property located in a great residential area of Eagle Rock within short distance to restaurants, cafes and shops on Colorado Blvd. Completely detached 1bd-1ba 500 sqft Spanish style houses (no common wall). 4 x 1-car garage at the back of the driveway currently used as storage (plenty of parking in the street). Perfectly maintained (recent roof foam insulation, new windows, EQ retrofitted, new driveway) and manicured landscape. One unit is vacant and being remodeled (expected to be completed by May 10th). Another unit will become vacant and ready for renovation by mid-May. The 2 other units are still occupied by current tenants paying $1400 & $1900/mo + 1 garage separately rented for $200/mo. One of these occupied units was remodeled in 2018 (see photos). Ellis Act fees and Tenant relocation assistances already taken care of. Complete the renovation and expect to sell each house as T.I.C unit for $440k-$470k. This property could also be a great opportunity for owner & his extended family occupying all units. Located within the acclaimed Eagle Rock school district and less than a mile from Occidental College. No sign on property. Do not disturb tenants or walk on property.
Listing description from the June 2021 sale, as reported to CRMLS.
Sale history
