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$ 875,000
Est. payment | /mo
5 Beds
3 Baths
5,269 Sqft Lot
$ 875,000
Est. payment | /mo
5 Beds
3 Baths
5,269 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25241079
Bedrooms 5
Lot Size 5,269 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
$77,100 in rental income per year/ $6,425 per month. 3/2 bedroom/ bath is getting $3200 rental income while the 2/1 bedroom/ bath unit is occupied by a longterm and fantastic section 8 tenant who pays $3225/ month and this rent will continue as long as they live there and the owner may increase it 3% every year. Tenants are due for a rent increase! The property has a HUGE BACK YARD- 6-8 parkings spots and room for a 2 story ADU to add extra future value (SEE PICS OF THE NEIGBORS ADU NEXT DOOR). Subject property is in a great a FANTASTIC condition, in the most desirable location in this area, and on a great street with many updated and custom made homes. No to mention, great section 8 rental income and tenants and easy to rent the 3 bedroom as well. Seller decided to leave it vacant just in case a buyer want to obtain an FHA loan or wants to live in it themselves, So SUBMIT YOUR OFFER TODAY and make this your dream home!
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of E Jefferson Blvd and E of Griffith ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5120028009
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Mazdak Sarehkhani Mazdak Sarehkhani
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "