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    1604 Glendon Avenue

    Los Angeles (City), CA 90024
    • $1,999,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • ID#: RS21143026
    Under Contract
    $1,999,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    First time ever on the market! Rare opportunity to purchase a large triplex in prime Westwood close to shops, restaurants, walking distance to Westwood Village and UCLA. Potential to convert to a large SFR, perfect for an owner user with a large 3BD/2BA owners unit with income or develop the land. Superior unit mix comprised of one large 3BD/2BA owners unit, two spacious 2BD/2BA units and central A/C in all units with tons of off-street parking. The owners unit has tons of original charm including refinished hardwood floors, gas fireplace, built in cabinets and newer tile in the kitchen/bathrooms, plus in-unit laundry. This is an incredible value add opportunity with an estimated 45% upside in rents in one of Los Angeless premier neighborhoods.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T00:28:22.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/118940392
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    1604 Glendon Avenue Los Angeles (City), CA 90024

    • Price: $1,999,000
    • Status: Active Under Contract
    • ID#: RS21143026
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1947
    Built
    Neighborhood:
    C05 - Westwood - Century City
    County:
    Los Angeles
    Area:
    C05 - Westwood - Century City
    Property Description
    First time ever on the market! Rare opportunity to purchase a large triplex in prime Westwood close to shops, restaurants, walking distance to Westwood Village and UCLA. Potential to convert to a large SFR, perfect for an owner user with a large 3BD/2BA owners unit with income or develop the land. Superior unit mix comprised of one large 3BD/2BA owners unit, two spacious 2BD/2BA units and central A/C in all units with tons of off-street parking. The owners unit has tons of original charm including refinished hardwood floors, gas fireplace, built in cabinets and newer tile in the kitchen/bathrooms, plus in-unit laundry. This is an incredible value add opportunity with an estimated 45% upside in rents in one of Los Angeless premier neighborhoods.
    Exterior Features

    Lot Features Corner Lot Number Of Separate Electric Meters 4 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

    Interior Features

    Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Flooring TileWood Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S)Street LightsSidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 85380 Gross Scheduled Income 85380 Insurance Expense 2284 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 1691 Net Operating Income 50318 New Construction YN No New Taxes Expense 24568 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 32501 Rent Control YN Yes Senior Community YN No Sewer Public SewerSewer Assessment(S) Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 2561 Water Sewer Expense 2427 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Andrew Mcallister of Nationwide Real Estate Execs


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T00:28:22.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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