1678 Roosevelt Avenue,Los Angeles, CA 90006
Los Angeles, CA 90006
Description
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!!!
Details
| MLS # | 26985463 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 37 |
| Listing Provided By | Bruce Jay Associates | Jonathan Jay |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,212 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.14 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Refrigerator |
Exterior
| Security Features | Gated Community |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90006) | |
Price: $1,390,000 low | high Med: $1,499,000 sqft: 2,212 low | high Med: 3,528 $ / sqft: $628 low | high Med: $425 On site: 37 low | high Med: 105 | |
Market Activity 90006
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90006) | |
Price: $1,390,000 low | high Med: $1,499,000 sqft: 2,212 low | high Med: 3,528 $ / sqft: $628 low | high Med: $425 On site: 37 low | high Med: 105 | |
