1206 3rd Ave 8BR La


Property

Website:https://www.nestseekers.com/5503817
Address:
1206 3rd Ave
LOS ANGELES, CA 90019
Ownership: For Sale
Bedrooms: 8 BR
Bathrooms: 4
Area: 7802 sq ft
Lot Size: 0.2 Acres

Financials

Price:$1,549,000

Description

Rare multi-family opportunity in a high-demand rental pocket. This pride-of-ownership Mediterranean fourplex features an expansive 4,908 sqft layout on a large lot. Highly attractive to investors: three of the four units will be delivered entirely vacant, allowing you to bypass strict rent control limits and set market rents on day one. Mechanically sound with updated electrical systems and copper plumbing throughout. Features a 4-car detached garage and excellent rental upside. Delivered with 3 units vacant. Turnkey condition with rare major CapEx already completed (updated copper plumbing and electrical panels). Huge upside to hit a projected $120k+ gross income. Offers reviewed as received. Please do not walk the property. Call listing agent to schedule showings for vacant units.

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Century 21 Hollywood

1206 3rd Ave LOS ANGELES CA 90019 USA