Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1923
Sq.Footage
2,372
Looking to invest in an affordable income property in Northeast LA? There are currently only 3 fourplexes for sale in the 90065 zip code, and this one is at least $355K CHEAPER than the rest! This charming 4 unit is located in the palm tree lined residential streets between San Fernando Rd and Eagle Rock Blvd, south of the 2 Freeway near the Ribet Academy. There are 2 duplex structures on the lot, and all units are 1Br+1Ba. There is also open parking in the rear. All tenants are long term, Contact the listing agent for a rent roll and more info. Relocation for owner occupancy and/or TIC conversion may be an option (Buyer to verify). Glassell Park is one of Northeast LA's most desirable neighborhoods. Known for its hilly terrain and scenic views, the area offers a mix of residential charm and urban convenience, not to mention amazing local restaurants and retailers. The median sale price for homes in Glassell Park is approximately $1.22million, reflecting an 11.1% year over year increase. This is a high barrier to entry area with rentals always in great demand. An excellent long term, affordable investment!
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Electric
-
Fireplace YN
NO
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Concrete, Gated
-
Patio and Porch Features
Covered, Front Porch
-
Pool
Yes
-
Pool Features
None
-
View
Hills, Trees/Woods
Area & Lot
-
Lot Features
Front Yard
-
Lot Size(acres)
0.1722
-
Property Type
Residential Income
-
Architectural Style
Bungalow
Price
-
Sales Price
$895,000
-
Sq. Footage
2, 372
-
Price/SqFt
$377
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Raised
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Dana Coronado , Compass
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