3983 DENKER Avenue, Los Angeles, CA 90062

About this property

PRICE REDUCED FOR QUICK SALE. The property consists of four individual bungalow units with new exterior paint and landscaping. One unit was recently rehabbed (see photos). The back unit has a private yard. This property is under LA rent control. There is upside in rent. One unit is 1/3 of market rent and tenant may vacate by January 2019. Close to MetroRail station at Western & Exposition Bl. Mostly single-family homes on the street and in the neighborhood. Great cap rate 5.7% and GRM 12.44. MOTIVATED SELLER.

Listing description from the December 2018 sale, as reported to CRMLS.

Sale history

$770,000

Sold December 2018 · listed $780,000, orig. $850,000, on market September 2018 · MLS #18385898 · Source: CRMLS

Listing Agent: Keith Brennan · Listing Office: Brennen Realty · Contact: 310-881-2940 · Bought with: Eddie Lee · Re/Max Optima

$349,000

Sold June 2014 · listed $349,900, on market December 2013 · MLS #SB13250924 · Source: CRMLS

Listing Agent: Ken Conant · Listing Office: Re/Max Estate Properties · Contact: 310-378-9889 · Bought with: Charles Henderson · BHRG

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