BACK ON THE MARKET AND WITH IM POROVED PRICING AFTER BUYERS DID NOT PERFORM. Elegant Quadplex in Prime Los Angeles Locale with Pride of OwnershipProperty Overview:Introducing a distinguished quadplex, a testament to pride of ownership, strategically located in the sought-after region of Los Angeles. Constructed in 1948, this property stands as a beacon of timeless architecture paired with modern conveniences. Each of the four units boasts 2 well-appointed bedrooms and a full bathroom, ensuring comfort and privacy for residents.The interiors, meticulously maintained, are adorned with a harmonious blend of carpet and hardwood flooring, exuding warmth and sophistication. Essential appliances, including stainless steel stackable washer/dryer, stove, and refrigerator, are thoughtfully integrated in all units, reflecting the attention to detail in every facet of this property.Recent Upgrades & Features:The property has been completely electrically rewired.A recent roofing job ensures durability and protection.The entire building has been repiped with Pex.Each unit is equipped with an individual water shutoff valve, allowing for ease of maintenance without disturbing the tenants.For added security, surveillance cameras have been installed throughout the property.Rental Income & Lease Details:Apt. #6957: $2,175.00/monthApt #6957 : $2,150.00/monthApt #6959: $2,120.00/monthApt #6959 : $2,195.00/monthTotal Monthly Income: $8,640.00All tenants have signed a "Shared Water Bill" lease, ensuring the water bill is equitably divided amongst the four units and the landlord.Investment Insight:Currently, the property yields a monthly revenue of approximately $8,640. Notably, the rent has remained stable since before the onset of the COVID-19 pandemic, presenting a lucrative opportunity for potential appreciation in the future.One of the standout features of this property is its impeccable maintenance. New owners can enjoy the luxury of a turnkey investment, with no immediate maintenance requiredsimply care for the tenants and reap the rewards.Seize this unparalleled opportunity to invest in a piece of Los Angeles's real estate legacy, where every detail has been attended to with care and precision.
Some words will not translate correctly. By using this feature, you accept this risk and agree to release Berkshire Hathaway HomeServices and its franchisees from any claims or damages resulting from incorrect translation.
Berkshire Hathaway HomeServices does not endorse any of the products or vendors, referenced on this material.
Any mention of vendors, products, or services is for informational purposes only.
Member of: Berkshire Hathaway HomeServices Real Time Realty, (831) 444-8500 Agent Login | Agent CRM Login
Our website uses cookies, including third parties’ profiling cookies, to improve your user experience. You can learn more about how we use cookies and how to change your
cookies settings in our Privacy Policy. By closing this message, clicking above or continuing to use this site, you consent to our use of cookies.