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    367 S La Verne Avenue

    Los Angeles (City), CA 90022
    • $674,900
    • STATUS: Active Under Contract
    • ON SITE: 52 days
    • ID#: IG21113883
    Under Contract
    $674,900
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    Great investment opportunity, located in prime location in the City of Los Angeles. Don't miss the opportunity to take over these units that generate an excellent monthly income. You can also buy this property to remodel the units and generate even more income. Front house has 3 bedrooms & 1.5 bathrooms; Second unit has 2 bedrooms & 1 bath; Third unit has 1 bedroom & 1 bath; The fourth unit (studio) has only 1 bedroom & 1 bath, with no kitchen. RENTS ARE BELOW MARKET because most tenants have been renting for over 20 years and have never been a problem! Separate meters & EXTRA parking spaces!!! Will not last!!!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. 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/117783180
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    367 S La Verne Avenue Los Angeles (City), CA 90022

    • Price: $674,900
    • Status: Active Under Contract
    • ID#: IG21113883
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1947
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Great investment opportunity, located in prime location in the City of Los Angeles. Don't miss the opportunity to take over these units that generate an excellent monthly income. You can also buy this property to remodel the units and generate even more income. Front house has 3 bedrooms & 1.5 bathrooms; Second unit has 2 bedrooms & 1 bath; Third unit has 1 bedroom & 1 bath; The fourth unit (studio) has only 1 bedroom & 1 bath, with no kitchen. RENTS ARE BELOW MARKET because most tenants have been renting for over 20 years and have never been a problem! Separate meters & EXTRA parking spaces!!! Will not last!!!!
    Exterior Features

    Lot Features 2-5 Units/AcreValue In Land Number Of Separate Electric Meters 2 Other Structures Guest HouseTwo On A Lot Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S)Street LightsSidewalks Disclosures Familial Relation Electric Expense 400 Fuel Expense 480 Garage YN No Gross Income 4350 Gross Scheduled Income 4350 Insurance Expense 125 Land Lease YN No Laundry Features Washer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 2205 New Construction YN No New Taxes Expense 8000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 2145 Possession Negotiable Property Condition Additions/AlterationsFixerRepairs Cosmetic Property Sub Type Quadruplex Rent Control YN No Security Features Window Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasParking FeeSee Remarks Total Actual Rent 4350 Trash Expense 100 Vacancy Allowance Rate 3 Water Sewer Expense 140 Water Source Private Zoning Lcr2yy

    Listing provided courtesy of Giselle Martinez of Excellence Re Real Estate and Aseret Salazar of Excellence Re Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. 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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