Residential Income - Los Angeles, CA

Map

About This Listing

Price: 
$1 798 000
Contract type: 
Purchase
Bathrooms: 
0
Bedrooms: 
0
Footage:: 
5 118ft2

Looking to find a place that pays the mortgage for you? Well, here it is. First time on the market since owner built it in 1971. Located in the Atwater Village area with 4 units that offers a 3 bed, 2.5 bath towne home style owner's suite. Live in One and allow the other 3 units to cover the mortgage or maintain all 4 with tenants to generate some passive income. All four units have new copper plumbing, new electrical, new roof, new water heater, bathrooms have been remodeled, and 3 of the units have updated flooring. Kitchens have newer solid surface counters (Granite and Quartz). Plus 6 parking spaces on property. Surrounded by Griffith Park, Los Feliz, Adams Square and Glassel Park, making it an ideal location plus within walking distance to nearby restaurants, shops, services and conveniently located near freeway access. 4% cap rate or 17 GRM. Please do not disturb tenants and all COVID 19 guidelines will be followed.

General amenities

  • Air conditioning
  • Balcony
  • Bedding
  • Cable TV
  • Cleaning after exit
  • Cofee pot
  • Computer
  • Cot
  • Dishwasher
  • DVD
  • Fan
  • Fridge
  • Grill
  • Hairdryer
  • Heating
  • Hi-fi
  • Internet
  • Iron
  • Juicer
  • Lift
  • Microwave
  • Oven
  • Parking
  • Parquet
  • Radio
  • Roof terrace
  • Smoking allowed
  • Terrace
  • Toaster
  • Towels
  • Use of pool
  • Video