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    4748 W Elmwood Avenue

    Los Angeles (City), CA 90004
    • $1,360,000
    • STATUS: Active Under Contract
    • ON SITE: 39 days
    • ID#: 20616262
    Under Contract
    UPDATED: 57 min ago
    $1,360,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1934
    County:

    School Ratings & Info

    Description

    INVESTMENT Property. Developers dream property. Excellent Location, four unit apartment zoning LAR3 (Per public record) and "possibility of 18 unit development. An incredible opportunity for an investor or an owner occupied with 3 more units rental income. Attached to the front house is a single unit with its own kitchen and 3 Bedroom 2 full bathroom. Back of the building are Two more units, one unit is 1 Bedroom with 1 bathroom and one unit is a Bachelor. Buyer to conduct their own due diligence on all aspects of the property including zoning, square footage, permits and condition.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-19T23:25:52.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/108754850
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    4748 W Elmwood Avenue Los Angeles (City), CA 90004

    • Price: $1,360,000
    • Status: Active Under Contract
    • Updated: 57 min ago
    • ID#: 20616262
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1934
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    INVESTMENT Property. Developers dream property. Excellent Location, four unit apartment zoning LAR3 (Per public record) and "possibility of 18 unit development. An incredible opportunity for an investor or an owner occupied with 3 more units rental income. Attached to the front house is a single unit with its own kitchen and 3 Bedroom 2 full bathroom. Back of the building are Two more units, one unit is 1 Bedroom with 1 bathroom and one unit is a Bachelor. Buyer to conduct their own due diligence on all aspects of the property including zoning, square footage, permits and condition.
    Exterior Features

    Lot Size Units Square Feet Parking Features DrivewayConcreteParking Space Parking YN Yes

    Interior Features

    Appliances DishwasherRefrigeratorGas OvenGas Range Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Country Us Gross Income 80400.00 Gross Multiplier 16.92 Gross Operating Income 80400.00 Net Operating Income 63400.00 Senior Community YN No Special Listing Conditions Standard Total Actual Rent 28800.00 Total Expenses 17000.00 Zoning Lar3

    Listing provided courtesy of Michael Park of New Star Realty and Jenny Nam of New Star Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-19T23:25:52.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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