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    BEDS
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    ACRES
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    1/2 BATHS
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    $/SQFT

Listing Details

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On Site
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On Market
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MLS #
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Neighborhood
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Type
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School Ratings & Info

Description

** Price Reduced by $75,000 - APPROVED ADU PLANS ** We are pleased to present for sale a rare opportunity to purchase a 7 unit multi-family asset in one of LA's hottest rental markets North Highland Park! 5 out 7 units have been extensively renovated and are comprised of (7) spacious studios. There have been substantial upgrades to the exterior AND interior units including new windows/doors, an electric panel, individual sub panels, electrical upgrades, new copper plumbing, new flooring, mini-split HVAC units, kitchen cabinets, designer countertops, new stainless steel appliances, bathroom vanities and tile, and in-unit laundry! Seller has APPROVED PLANS to convert two single car garage spaces into an additional 1 Bedroom & 1 Bathroom ADU. The property also offers tenants a large patio space for tenants to enjoy! Past appraisal records indicate gross living area of 2,628 SF while tax assessor shows 2,494 SF, buyer to verify and conduct their own due diligence pertaining to size of structure. EMAIL LISTING AGENT FOR OM!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
www.searchwithcompass.com/homes/115605628
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1060 N Avenue 50 Los Angeles (City), CA 90042

  • Price: $1,825,000
  • Status: Active
  • Updated: 50 min ago
  • ID#: 21712454
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,628
SQFT
$694
$/SQFT
1947
Built
Neighborhood:
632 - Highland Park
County:
Los Angeles
Area:
632 - Highland Park
Property Description
** Price Reduced by $75,000 - APPROVED ADU PLANS ** We are pleased to present for sale a rare opportunity to purchase a 7 unit multi-family asset in one of LA's hottest rental markets North Highland Park! 5 out 7 units have been extensively renovated and are comprised of (7) spacious studios. There have been substantial upgrades to the exterior AND interior units including new windows/doors, an electric panel, individual sub panels, electrical upgrades, new copper plumbing, new flooring, mini-split HVAC units, kitchen cabinets, designer countertops, new stainless steel appliances, bathroom vanities and tile, and in-unit laundry! Seller has APPROVED PLANS to convert two single car garage spaces into an additional 1 Bedroom & 1 Bathroom ADU. The property also offers tenants a large patio space for tenants to enjoy! Past appraisal records indicate gross living area of 2,628 SF while tax assessor shows 2,494 SF, buyer to verify and conduct their own due diligence pertaining to size of structure. EMAIL LISTING AGENT FOR OM!
Exterior Features

Parking Features Garage

Interior Features

Appliances MicrowaveRefrigerator

Property Features

Garage YN Yes Gross Income 118224 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 80496 Senior Community YN No Special Listing Conditions Standard Zoning Lar1

Listing provided courtesy of Eric Dilanian of Remax Commercial And Investment Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
 
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Brandon Hobbs Group | Compass
341 Bayside Drive
Newport Beach CA, 92660