6957 Kittyhawk Avenue, Los Angeles, CA 90045
Fourplex
Sold April 2024
Listing Agent: Yan Minkovitch (DRE #01496475) · Listing Office: Progressive Real Estate Solutions · Contact: 323-864-7001 · Bought with: Melvianne Andersen · Melvianne Andersen · MLS #SR23181106 · Source: CRMLS
About this fourplex
BACK ON THE MARKET AND WITH IM POROVED PRICING AFTER BUYERS DID NOT PERFORM. Elegant Quadplex in Prime Los Angeles Locale with Pride of Ownership Property Overview: Introducing a distinguished quadplex, a testament to pride of ownership, strategically located in the sought-after region of Los Angeles. Constructed in 1948, this property stands as a beacon of timeless architecture paired with modern conveniences. Each of the four units boasts 2 well-appointed bedrooms and a full bathroom, ensuring comfort and privacy for residents. The interiors, meticulously maintained, are adorned with a harmonious blend of carpet and hardwood flooring, exuding warmth and sophistication. Essential appliances, including stainless steel stackable washer/dryer, stove, and refrigerator, are thoughtfully integrated in all units, reflecting the attention to detail in every facet of this property. Recent Upgrades & Features: The property has been completely electrically rewired. A recent roofing job ensures durability and protection. The entire building has been repiped with Pex. Each unit is equipped with an individual water shutoff valve, allowing for ease of maintenance without disturbing the tenants. For added security, surveillance cameras have been installed throughout the property. Rental Income & Lease Details: Apt. #6957: $2,175.00/month Apt #6957 ½: $2,150.00/month Apt #6959: $2,120.00/month Apt #6959 ½: $2,195.00/month Total Monthly Income: $8,640.00 All tenants have signed a "Shared Water Bill" lease, ensuring the water bill is equitably divided amongst the four units and the landlord. Investment Insight: Currently, the property yields a monthly revenue of approximately $8,640. Notably, the rent has remained stable since before the onset of the COVID-19 pandemic, presenting a lucrative opportunity for potential appreciation in the future. One of the standout features of this property is its impeccable maintenance. New owners can enjoy the luxury of a turnkey investment, with no immediate maintenance required—simply care for the tenants and reap the rewards. Seize this unparalleled opportunity to invest in a piece of Los Angeles's real estate legacy, where every detail has been attended to with care and precision.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history