2737 W Avenue 30 AVE Active

Los Angeles,CA 90065

$ 895000

4 Beds

4 Baths

2372 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,372 sqft

Price per Sqft $377

MLS Listing ID 25576939

Bedrooms 4

Year Built 1923

Lot Size 7,501 Sqft

Property Description

Looking to invest in an affordable income property in Northeast LA? There are currently only 3 fourplexes for sale in the 90065 zip code, and this one is at least $355K CHEAPER than the rest! This charming 4 unit is located in the palm tree lined residential streets between San Fernando Rd and Eagle Rock Blvd, south of the 2 Freeway near the Ribet Academy. There are 2 duplex structures on the lot, and all units are 1Br+1Ba. There is also open parking in the rear. All tenants are long term, Contact the listing agent for a rent roll and more info. Relocation for owner occupancy and/or TIC conversion may be an option (Buyer to verify). Glassell Park is one of Northeast LA's most desirable neighborhoods. Known for its hilly terrain and scenic views, the area offers a mix of residential charm and urban convenience, not to mention amazing local restaurants and retailers. The median sale price for homes in Glassell Park is approximately $1.22million, reflecting an 11.1% year over year increase. This is a high barrier to entry area with rentals always in great demand. An excellent long term, affordable investment!

Location

State CA

County Los Angeles

Area 623 - Glassel Park

Zoning LAR1

Interior

Cooling Electric

Fireplaces Type None

Laundry None

Exterior

Parking Features Concrete,Gated

Pool None

Community Features Gated

View Y/N Yes

View Hills,Trees/Woods

Roof Type Composition,Shingle

Building

Lot Description Front Yard,Lawn,Yard

Story 1

Foundation Raised

Sewer Sewer Tap Paid

New Construction No

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

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