Los Angeles, CA 90006,1678 Roosevelt Avenue
Los Angeles, CA 90006,1678 Roosevelt Avenue
Los Angeles, CA 90006,1678 Roosevelt Avenue
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$1,245,000
Est. payment /mo
4 Beds
2,212 SqFt
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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,212 sqft

Price per Sqft $562

MLS Listing ID CL23321311

Bedrooms 4

HOA Y/N No

Year Built 1905

Lot Size 6,039 Sqft

Acres 0.14

Property Sub-Type OTHER

Property Description

STRONG RENTAL MARKET FOR THIS STATUESQUE APPROPRIATE TWO-STORY BUILDING! GREAT FOR A LONG-STANDING REAL ESTATE PORTFOLIO HOLDING! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!

Location

State CA

County Los Angeles

Zoning LAR2

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 5075026006


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Bridge MLS
Listed by Jonathan Jay • Bruce Jay Associates

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1678 Roosevelt Avenue