2503 VINEYARD Avenue, Los Angeles, CA 90016
Property · 2 recorded sales since 2016
Sold July 2017
Listing Agent: Andrew Watkins (DRE #01478668) · Listing Office: Keller Williams Realty Pacific · Contact: 310-256-3038 · Bought with: Nick Thompson · Jill Suzann Medley, Broker · MLS #17227872 · Source: CRMLS
About this property
Upgraded Duplex Near West Adams and New Crenshaw Line. GSI: $39,828. NOI: $30,026. GRM: 16.32. CAP: 4.62%. Up-and-coming area. Both units upgraded and in great condition. Unit #1: 2BD/1BA. Complete remodel. New hardwood floors, new recessed lights, new wall heater, new paint, new windows and more. Entirely new kitchen and bath. New refrigerator and stove included. Washer/dryer hookups. Private driveway and patio area. Currently rented thru October 2017 at $1850/month. Unit #2: 2BD/2BA. Great condition. Private patio area. Long term tenants take care of unit. Currently rented at $1469/month. Entire property newly painted, new fencing. Licensed contractor installed new gas lines, shutoff valves and flex lines, and installed new drains/water lines in Fall 2016. Sewer has been hydrojetted with new piping and vinyl interior lining. Low maintenance and utilities. Great investment return. Quiet neighborhood. Centrally located between downtown LA, Hollywood and Culver City. Wont last!
Listing description from the July 2017 sale, as reported to CRMLS.
Sale history
