4432 Wesley Avenue

Los Angeles , CA 90037

MLS#: DW25166631

$1,499,900

Status: Active
Listing number: DW25166631
Listing provided by: Pak Home Realty
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1912

Sq.Footage

N/A

Prime Investment Opportunity and income producing property. This well kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath) with long term tenants. Six of the eight tenants have been living here for ten plus years. All remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 4 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for the new buyer. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Other Exterior Features

    Balcony

  • Pool

    Yes

  • Pool Features

    None

  • View

    Neighborhood

Area & Lot

  • Lot Size(acres)

    0.1798

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $1,499,900

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    57

  • Water Source

    Public

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Listing Courtesy of Jose Leon , Pak Home Realty

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Prime Investment Opportunity and income producing property. This well kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath) with long term tenants. Six of the eight tenants have been living here for ten plus years. All remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 4 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for the new buyer. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

4432 Wesley Avenue

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