$1,390,000

Residential Income In Los Angeles

  • 4 Beds
  • 4 Baths
  • 2,212 Sqft
  • 6,039 Sqft lot
  • Updated: September 19
  • Source:
    The MLS (CLAW)  MLS#26985463

About the Property

GRAND CURB APPEAL! STATUESQUE AND IMPRESSIVE STRUCTURE DESIGN! PRIDE OF OWNERSHIP! Owner Financing Available! STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A ’CLASSIC’ ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (just above West Adams Heights!)... A RARE opportunity! This Craftsma
GRAND CURB APPEAL! STATUESQUE AND IMPRESSIVE STRUCTURE DESIGN! PRIDE OF OWNERSHIP! Owner Financing Available! STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A ’CLASSIC’ ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (just above West Adams Heights!)... A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ’’6 Bedrooms’’, something to look into, for sure! Many Property Features have been Updated in recent years. AND ’EVEN BETTER’ GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
  • Property type

    Other

  • Floors

    2

  • Year built

    1905

  • Price/sqft

    $628

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1678 Roosevelt Avenue, Los Angeles, California, United States View on Google Maps
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Bruce Jay Associates - Los Angeles

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Bruce Jay Associates - Los Angeles
California, United States
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8
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2025
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Bruce Jay Associates - Los Angeles
Los Angeles, California, United States
View agency profile
Last updated
September 19
First listed
Sep 10
Listing reference
26985463
Listing status
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