1678 Roosevelt Ave, Los Angeles, CA 90006
- $1,388,000
- 4
- BD
- 4
- BA
- 2,212
- SqFt
Courtesy of Bruce Jay Associates, Jonathan Jay - CA DRE#01979786
- List Price
- $1,388,000
- Price Change
- ▲ $148,000 1782175453
- MLS#
- 23-321311
- Year Built
- 1905
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 2,212
- Lot Size
- 6,039
- Days on Market
- 945
- Property Type
- Multifamily
- Property Type
- Multifamily
- Style
- Craftsman
- Stories
- 2
Property Description
MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (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!!!
Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- View
- Tree Top
- Number of Cars in Garage
- Other
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