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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$699,999

Est. payment - /mo

6,024 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26154450

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1954

Lot Size 6,024 Sqft

Property Sub-Type Quadruplex

Property Description

PRICE REDUCTION! MOTIVATED SELLER! GREAT INVESTMENT OPPORTUNY! Well-maintained 4-unit property consisting of 3 separate buildings, offering excellent income potential. Each unit features 1 bedroom, 1 bathroom, interior laundry, and wall heaters. Property offers ample parking with a large front driveway and additional parking behind the wrought-iron gate. Excellent opportunity to increase rental income! The occupants of 1715 1/2 have indicated a willingness to relocate, potentially providing the new owner an opportunity to stablish a new rental rate upon lawful vacancy, subject to applicable rent-control and tenancy laws. Current gross monthly rental income is approximately $4,389, with potential for increased income. Property features 4 separate electric meters and 4 separate gas meters, with tenants paying their respective usage. Additional yard/grass area may offer future development or ADU potential, subject to buyer verification of zoning, permits, and local requirements. Great opportunity for an investor looking to expand their portfolio or a buyers seeking a multi-unit property with long-term income and value-add potential. Buyer to verify all rents, tenancy information, permits, square footage, zoning, and development potential.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LCR4YY

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Driveway

Fence Wrought Iron

Pool None

Community Features Sidewalks

Utilities Available Electricity Available, Water Available

View Y/N No

View None

Roof Type Shingle

Private Pool No

Building

Lot Description Cul-De-Sac

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 6009019030

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by Sandra Balentan COLDWELL BANKER LEADERS 626-324-6055, DRE #01729779

NEARBY SCHOOL & BUSINESS

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1715 E 65th ST Los Angeles, CA 90001