Property · 3 recorded sales since 2012
Listing Agent: Vartan Markarian (DRE #01059771) · Listing Office: Markarian Realty · Contact: 818-248-8668 · Bought with: Men Ung · Grandmark Realty Inc. · MLS #320006643 · Source: CRMLS
Great investment! Cash Cow remodeled 2 units in desirable El Sereno neighborhood with possible 3rd unit ADU. Pride of ownership. Excellent investment/Owner user opportunity. Three Bedroom and one Bath first floor rented for $2031/ month. Three bedroom and one bath on the 2nd floor is rented for $1821/ month. The 3rd unit is remodeled one bed permitted as rec or storage room might be able to convert to an ADU and rent it with potential rent $1400/ month. Potential total income about $5252/ month. Rents are way below market. This is great for owner unit or investment. Centrally located for all commutes, within minutes to downtown Los Angeles, Chinatown, Alhambra, Glendale, Americana and Galleria, downtown Montrose, Old Town Pasadena and the Rose Parade. Close to GCC, PCC and Cal Tech, downtown LA and Hollywood attractions and theaters like Music Center, Disney Concert Hall, Nokia Theatre, Dolby, Pantages Theaters, Staples Center, LA Live, etc. This stunning remodeled, gated property has copper plumbing, there are about 7 parking spaces and school are nearby and much more. This is definitely a very hot, one-of-a-kind in this prime area, everything in this area sells quickly, priced right and will not last long in this market.
Listing description from the September 2021 sale, as reported to CRMLS.