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    2005-2007 Eastlake Ave

    Los Angeles (City), CA 90031
    • $875,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: PW20114967
    $875,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,937
      SQFT
    • $452
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Terrific duplex in the much coveted Lincoln Heights neighborhood where you have the best of both worlds: quiet and friendly surroundings and only minutes away from Downtown LA, Chinatown, Staples Center, USC Medical Center, public transportation and close proximity to all major freeways.With this property you have the choice of living close to family in two separate homes or ensure privacy by taking advantage of its 2 entrances, one on Eastlake Ave. and the other on Darwin Ave., a rare configuration that can make the property feel like 2 entirely separate single family residences.2005 Eastlake is 1,040 sf. It features 3 bedrooms, 1 bathroom, a front patio, private garden and has parking for 3 cars on the side driveway. It currently collects $2,100/mo in income. This unit was remodeled in 2015 (according to previous owner). 2007 Eastlake sits at the back of the lot and collects $1,944/mo in income. It features approximately 897 sf of living space, 2 bedrooms, 1 bath, bonus room, 2 car garage and private driveway off Darwin Ave that can accommodates up to 7 cars. This second unit was redone in 2017. Each home has its own laundry hookup, separate electric & gas meters. The area is in high demand for rentals. Please do not disturb tenants. Lot is zoned LARD3. Sold as-is.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T00:30:52.613. 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 The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/108684180
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    2005-2007 Eastlake Ave Los Angeles (City), CA 90031

    • Price: $875,000
    • Status: Active
    • ID#: PW20114967
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    1,937
    SQFT
    $452
    $/SQFT
    1922
    Built
    Neighborhood:
    677 - Lincoln Hts
    County:
    Los Angeles
    Area:
    677 - Lincoln Hts
    Property Description
    Terrific duplex in the much coveted Lincoln Heights neighborhood where you have the best of both worlds: quiet and friendly surroundings and only minutes away from Downtown LA, Chinatown, Staples Center, USC Medical Center, public transportation and close proximity to all major freeways.With this property you have the choice of living close to family in two separate homes or ensure privacy by taking advantage of its 2 entrances, one on Eastlake Ave. and the other on Darwin Ave., a rare configuration that can make the property feel like 2 entirely separate single family residences.2005 Eastlake is 1,040 sf. It features 3 bedrooms, 1 bathroom, a front patio, private garden and has parking for 3 cars on the side driveway. It currently collects $2,100/mo in income. This unit was remodeled in 2015 (according to previous owner). 2007 Eastlake sits at the back of the lot and collects $1,944/mo in income. It features approximately 897 sf of living space, 2 bedrooms, 1 bath, bonus room, 2 car garage and private driveway off Darwin Ave that can accommodates up to 7 cars. This second unit was redone in 2017. Each home has its own laundry hookup, separate electric & gas meters. The area is in high demand for rentals. Please do not disturb tenants. Lot is zoned LARD3. Sold as-is.
    Exterior Features

    Garage Spaces 2.00 Lot Features Lot 6500-9999 Lot Size Units Square Feet Parking Features DrivewayGarageStreet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN No Roof Asbestos Shingle Spa Features None Spa YN No Uncovered Spaces 8.00

    Interior Features

    Appliances Gas RangeMicrowaveWater Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features ElectricGas Fireplace YN Yes Flooring CarpetWood Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Copper Plumbing Partial Laundry Features Gas Dryer Hookup Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features LakeParkSidewalksStreet LightsUrban Country Us Electric Standard Elevation Units Feet Garage Income 0.00 Garage Rental Rate 0.00 Gross Income 48528.00 Gross Operating Income 48528.00 Gross Scheduled Income 48528.00 Insurance Expense 1000.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 0.00 Laundry YN Yes Net Operating Income 38108.00 New Construction YN No New Taxes Expense 9420.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Number Wall AC 2 Number With Dishwasher 0 Number With Disposal 1 Number With Range 2 Number With Refrigerator 0 Operating Expense 10420.00 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 4044.00 Total Expenses 10420.00 Trash Expense 0.00 Utilities Electricity AvailableNatural Gas Available Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lard3

    Listing provided courtesy of Hong Dinh of Keller Williams Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T00:30:52.613. 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 The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003