$1,388,000
About this home
MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
Facts & features
- Bedrooms
- 4
- Bathrooms
- 0 full, 0 half
- Living area
- 2,212 sq ft
- Appliances
- Refrigerator
- Heating
- Wall Furnace
- Cooling
- None
- Levels
- Two
- Lot size
- 0.139 acres (6,039 sq ft)
- Architectural style
- Craftsman
- Year built
- 1905
- Parking spaces
- 4
- Area
- C 16 - Mid Los Angeles
- County
- Los Angeles
- Community features
- Gated
- Status
- Active
- Property type
- Residential Income
- Days on market
- 921
- Listed
- 2023-12-27
- Original price
- $1,428,000
- Terms
- Cash
- Parcel #
- 5075026006
- MLS #
- 23321311
