1928 Rosalia RD new

Los Angeles,CA 90027

$ 1820000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25154996

Construction Status Turnkey

HOA Y/N No

Year Built 1927

Lot Size 6,503 Sqft

Property Sub-Type Quadruplex

Property Description

Welcome to this four unit 1920's bungalow in the heart of Los Feliz! This timeless gem consists of Four 1 Bed/1 Bath units that are currently occupied and generating $108,000 a year in rental income. This well managed property has 2,397 square feet of living quarters and sits on a well designed 6,502 square foot lot. Each unit has its own tree shaded entryway allowing for privacy and a backdoor that takes you to a beautiful back yard open patio. Each tenant has their own gas and electrical meter allowing for easy management. This peaceful palm tree lined street is iconic to Los Angeles living and walking distance to the best Los Feliz has to offer. With a strong and stable Cap rate of 4.1%, this opportunity is desirable to owners and investors alike. Don't miss this rare chance to own this turnkey classic with so much character Zoned R2-1XL. Hurry, this opportunity will not last!

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Zoning LAR2

Interior

Cooling Wall/Window Unit(s)

Flooring Tile,Wood

Fireplaces Type None

Fireplace No

Appliance Dryer,Washer

Exterior

Parking Features On Street

Fence Block,Wood

Pool None

Community Features Biking,Dog Park,Hiking,Park,Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Roof Type Flat

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5590011025

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,1031 Exchange,Owner May Carry,Submit

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,1031 Exchange,Owner May Carry,Submit

Special Listing Condition Standard

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