2816 Frederick Street, Los Angeles, CA 90065

About this duplex

2816 Fredrick St is a great investment opportunity in Cypress Park an up and coming neighborhood of NELA. This duplex offers dwellings that are completely detached with separate gas and electric meters. Tenants are a short drive to Downtown Los Angeles, Silver Lake, and Old Town Pasadena. Both units to be delivered vacant.
 
 What I Love About This Home:
 Perfect for an Owner/User or Novice Investor.
 Live-In-One | Rent-Other, or Realize a Cash-on-Cash ROI of 6.30%
 2816 Fredrick St offers a huge upside potential on Rental Income. Strong offers may receive concession consideration for tenant relocation assistance. 
 Both units will be delivered vacant, new owner may set the rental rate.

Listing description from the December 2017 sale, as reported to CRMLS.

Sale history

$710,000

Sold December 2017 · listed $705,000, orig. $800,000, on market April 2017 · MLS #CV17074909 · Source: CRMLS

Listing Agent: JONATHAN FRANCO · Listing Office: RE/MAX LEADERS REAL ESTATE · Contact: 626-671-4100 · Bought with: Brent Kredel · The Agency

$710,000

Sold December 2017 · listed $705,000, orig. $800,000, on market April 2017 · MLS #CV17072106 · Source: CRMLS

Listing Agent: JONATHAN FRANCO · Listing Office: RE/MAX LEADERS REAL ESTATE · Contact: 626-671-4100 · Bought with: Brent Kredel · The Agency

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