











Description
***Rare opportunity to own one of the most valued income properties in a prime location on the LA market!*** You will have difficulty finding a well cared for 4-plex with long-term, wonderful tenants like this one! This gem offers two 1st floor units with patios, two upstairs units, two oversized garages, and an adjacent carport. Minimum annual income starts at $45,000. Increase your profit by taking advantage of California’s statewide expanded housing law which legalizes garage conversions into dwelling units. Imagine the possibilities! All four units feature 2 bedrooms, one full bathroom, oversized living rooms, functional kitchens, and best of all, the rooms allow for plenty of natural light. Unit sizes range from 801-820 square feet. The common areas are kept tidy and perfectly manicured, keeping maintenance costs low. This property has great curb appeal complimented by the lush green lawn, decorated with two beautiful custom art sculptures made from skilled iron work. There are also five gas and electricity meters. Conveniently located near a hand car wash, public storage, Fire Department, gas station and other small businesses, including local coffee shops and eateries. College students are within walking distance to Cal-State LA University. USC Keck Medicine, LA County Hospital, and Downtown LA are just a few minutes away. The property is located within the community of El Sereno in Northeast Los Angeles which borders the cities of South Pasadena and Alhambra. Place an offer today before it’s too late!**VIRTUAL TOURS OF ALL 4 UNITS AVAILABLE UPON REQUEST**
Similar Listings
3 Beds
1 Baths
1,048 Sq ft
$1,400,000
MLS# 17202694
ActiveUnderContract
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 29th May, 2023 1:34 AM (UTC)