4308 Gateway Avenue, Los Angeles, CA 90029

About this property

Priced to sell, Beautiful, charming with character, well maintained & remodeled 4-unit property located in Hip, Trendy - Sunset Junction neighborhood in Silverlake. Close proximity to MANY shops, restaurants and bars. All Units remodeled with very nice kitchens, cabinets, counter tops, lighting, and with original good condition Hardwood floors, Stone Tiles with some carpeting in offices. 2 lower units have 1 bed, 1 bath. 2 upper units: 1 bedroom, 1 office/bedroom, 1 bathroom. 1 downstairs units has a large private amazing side yard! Building just painted, 4 brand New electrical panels & meters, newer double pane windows, Recoated roof, faux fireplaces in all units. Further upside in Rents are possible for all 4 units. Property has 2 Metro subway stations nearby and many bus routes. All units include ALL APPLIANCES. Separate large 4-spot carport in the back with a 5th parking spot on the side. Nicely landscaped with orange tree and low-quat trees in the back, palm trees in front. Foundation is likely about 20 years old, and this is a building you will be proud to own for years. 3 units tenants on month to month, 4th on a lease. PLEASE DO NOT DISTURB TENANTS OR KNOCK ON DOORS. Perfect to owner occupy or as full rental property! Showings are pretty easy. Just passed the Los Angeles Housing Dept's rigorous inspection of all 4 units and the building!

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$1,707,000

Sold May 2023 · listed $1,725,500, orig. $1,945,500, on market February 2023 · MLS #23242321 · Source: CRMLS

Listing Agent: Randy A. Wright · Listing Office: AKGRE Inc · Contact: 424-249-7162 · Bought with: Mario Reithaar · Hilton & Hyland

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