Fully stabilized 4-unit!! Seller financing available with 50% down, 5.5% interest rate. Pride of ownership, turnkey, generational asset in a prime location of Rampart Village. There are two structures on the lot with a sliding entry gate, privacy hedges, and space for parking 8 cars. This meticulously maintained property with recently updated landscaping, electrical system, plumbing, sewer line, and roof repairs. Desirable unit mix of side-by-side 2 beds/1 bath units. All units to be delivered recently remodeled and at market rents. Located on a quiet, dead-end tree lined street in an excellent pocket of Los Angeles. Tons of period character throughout the property. Dense rental market with low vacancy and only 2 minutes from the freeway and 5 minutes to downtown LA. Great opportunity to buy a stabilized, generational asset in the heart of Los Angeles! Please drive by only, do not disturb tenants.
|
DAYS ON MARKET
|
220
|
LAST UPDATED
|
6/20/2024
|
|
YEAR BUILT
|
1937
|
COMMUNITY
|
Mid-Wilshire
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to May 8, '24
|
$1,995,000
|
|
May 8, '24 - Jun 20, '24 |
$1,950,000
|
| Jun 20, '24 - Today |
$1,895,000 |
| APPLIANCES |
Dryer |
| AREA |
Mid-Wilshire |
| GARAGE |
Shared Driveway, Side by Side, Uncovered |
| LOT |
6499 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre |
| PARKING |
Shared Driveway,Side By Side,Uncovered |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| UTILITIES |
Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LAR3 |
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Listed with Buckingham Investments, Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/1/24 10:31 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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