Average square foot calculated using Size range provided by listing agent.
Description
Welcome to this four unit 1920’s bungalow in the heart of Los Feliz! This timeless gem consists of Four 1 Bed/1 Bath units that are currently occupied and generating $108, 000 a year in rental income. This well managed property has 2, 397 square feet of living quarters and sits on a well designed 6, 502 square foot lot. Each unit has its own tree shaded entryway allowing for privacy and a backdoor that takes you to a beautiful back yard open patio. Each tenant has their own gas and electrical meter allowing for easy management. This peaceful palm tree lined street is iconic to Los Angeles living and walking distance to the best Los Feliz has to offer. With a strong and stable Cap rate of 4.1%, this opportunity is desirable to owners and investors alike. Don’t miss this rare chance to own this turnkey classic with so much character Zoned R2-1XL. Hurry, this opportunity will not last!Show Description
MLS® NumberAR25154996
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1493
Exterior
GarageNo
Approx. Age1927
Basement
DrivewayOn Street
Garage Spaces
Heat
A/CWall Window Units
Heating Fuel
Extras
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