2918 N Eastern Avenue

    Los Angeles (City), CA 90032
    • $869,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: PW19216000
    $869,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,785
      SQFT
    • $312
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Newly upgraded 4-unit multifamily property with two LA Section-8 units; all units have new wooden floor and granite kitchen counter top. Some units have new kitchen, new cabinets, new bathroom, new windows, new light fixtures, gas oven, & kitchen fans; Fresh interior and exterior paint. Owner pays for water and gardening. Tenants pay for gas, electricity, & garbage collections. Convenient to everywhere, easy access to 10 and 710 freeways, near Cal State University of Los Angeles, USC Health Sciences Campus, across the street from El Sereno Middle School, short distance to Downtown Los Angeles, public transportation, major employment, parks, restaurants, and shops; Always 100% occupied and currently rents are below market.Please do not disturb or contact tenants, must submit proof of funds and all offers subject to interior inspection.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T00:33:02.647. 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/98807138

    2918 N Eastern Avenue Los Angeles (City), CA 90032

    • Price: $869,000
    • Status: Active
    • ID#: PW19216000
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,785
    SQFT
    $312
    $/SQFT
    1959
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Newly upgraded 4-unit multifamily property with two LA Section-8 units; all units have new wooden floor and granite kitchen counter top. Some units have new kitchen, new cabinets, new bathroom, new windows, new light fixtures, gas oven, & kitchen fans; Fresh interior and exterior paint. Owner pays for water and gardening. Tenants pay for gas, electricity, & garbage collections. Convenient to everywhere, easy access to 10 and 710 freeways, near Cal State University of Los Angeles, USC Health Sciences Campus, across the street from El Sereno Middle School, short distance to Downtown Los Angeles, public transportation, major employment, parks, restaurants, and shops; Always 100% occupied and currently rents are below market.Please do not disturb or contact tenants, must submit proof of funds and all offers subject to interior inspection.
    Exterior Features

    Architectural Style Contemporary Carport Spaces 0.00 Construction Materials ConcreteDrywall WallsStucco Entry Level 1 Entry Location Front Exterior Features Lighting Foundation Details Concrete Perimeter Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayGarage Parking Total 12.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Maintained Roof Asbestos Shingle Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Appliances Gas & Electric RangeRange HoodWater Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Panel Doors Heating Wall FurnaceForced Air Heating YN Yes Interior Features 2 StaircasesCeiling Fan(S)Granite Counters Laundry Features Gas & Electric Dryer HookupWasher Hookup Levels Two Window Features BlindsScreens

    Property Features

    Accessibility Features Parking Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cable Tv Expense 0.00 Community Features SidewalksStreet Lights Country Us Electric Electricity - On Property Electric Expense 534.00 Elevation Units Feet Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gardener Expense 900.00 Gross Income 22538.00 Gross Scheduled Income 56696.00 Insurance Expense 2449.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Net Operating Income 22538.00 New Construction YN No New Taxes Expense 9000.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number Wall AC 8 Number With Dishwasher 0 Number With Range 4 Number With Refrigerator 0 Operating Expense 34158.00 Other Income1 0.00 Other Income2 0.00 Present Loans 511422 Professional Management Expense 0.00 Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN Yes Security Expense 0.00 Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4724.63 Total Expenses 14323.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Vacancy Allowance Rate 0.00 Water Sewer Expense 1440.00 Water Source Public Workmans Compensation Expense 0.00 Year Built Source Public Records Zoning Lac4

    Listing provided courtesy of Lorna Lee of T.N.G. Real Estate Consultants


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T00:33:02.647. 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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