Property · 2 recorded sales since 2012
Listing Agent: Daniel Portillo (DRE #01181613) · Listing Office: Portillo & Associates Real Estate · Contact: (800) 615-1120 · Bought with: Jagmeet Singh · Keller Williams Realty · MLS #P0-316010696 · Source: CRMLS
An excellent multi-family property in the El Sereno neighborhood, featuring 4 units consisting of a 2BR-1BA unit that is currently vacant and the other three units are 1BR-1BA each and are occupied with long term stable tenants. Don't miss out on this great opportunity that makes a great investment property or perfect for the person who prefers to occupy the 2BR unit while receiving rents from the other three units. All units are separately metered for gas and electric. The building has a combined 2,195 sqft. of living space and is situated on a flat lot that is 7,151 sq.ft. It is centrally located, including public transportation just a few blocks away and a short commute to Downtown LA, USC Medical Ctr., Dodger Stadium and easily accessible to major freeways & neighboring cities such as South Pasadena and Alhambra. The property offers an excellent monthly income of $4,111 with the projected rent of $1400 for the vacant 2BR unit and still has plenty of upside potential on rents. An even better opportunity, May also be sold together with 3828 Midland St., LA 90031 2units listed at $449k with $2011 monthly income, see MLS#316010717. Do Not Disturb Tenants, Offer Subject To Inspection.
Listing description from the February 2017 sale, as reported to CRMLS.