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    2358 Elmgrove Street

    Los Angeles (City), CA 90031
    • $1,599,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 20645220
    UPDATED: 25 min ago
    $1,599,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    Here is a state-of-the-art brand new construction 2-on-a-lot (main house plus large ADU) each 3 bed 2.5 bath in red hot Frogtown! Perfect for owner occupied or for tenants. And, being brand new construction, you have 15 years of no rent control. Also, works great for extended family or friends to own together as TIC or Joint Tenancy, each family living in each one of the homes. You have all the features necessary to ensure maximum rents, including: beautiful finishes and fixtures, lots of natural light and inviting open floor plan. Plus each home has its own separate outdoor space, and both homes have two car parking. Additional features include: high ceiling bedrooms, laundry hook-ups for both homes and central heat and air. Easy access to the 2,5 and 110 freeways. And you are a 5 minute drive to downtown without using a freeway. Delivered vacant. Easy to show. Come see it as soon as possible. It likely won't last long.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-26T20:31:49.377. 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/110908017
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    2358 Elmgrove Street Los Angeles (City), CA 90031

    • Price: $1,599,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 20645220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2020
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Here is a state-of-the-art brand new construction 2-on-a-lot (main house plus large ADU) each 3 bed 2.5 bath in red hot Frogtown! Perfect for owner occupied or for tenants. And, being brand new construction, you have 15 years of no rent control. Also, works great for extended family or friends to own together as TIC or Joint Tenancy, each family living in each one of the homes. You have all the features necessary to ensure maximum rents, including: beautiful finishes and fixtures, lots of natural light and inviting open floor plan. Plus each home has its own separate outdoor space, and both homes have two car parking. Additional features include: high ceiling bedrooms, laundry hook-ups for both homes and central heat and air. Easy access to the 2,5 and 110 freeways. And you are a 5 minute drive to downtown without using a freeway. Delivered vacant. Easy to show. Come see it as soon as possible. It likely won't last long.
    Exterior Features

    Architectural Style Contemporary Lot Size Dimensions 43X128 Lot Size Units Square Feet Parking Features DrivewayDetached Carport Parking YN Yes

    Interior Features

    Appliances DishwasherMicrowaveRefrigerator Appliances YN Yes Cooling Central Air Cooling YN Yes Flooring WoodTile Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Country Us Gross Income 111000.00 Gross Multiplier 14.41 Gross Operating Income 111000.00 Net Operating Income 77700.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 33300.00 Vacancy Allowance Rate 100.00 Zoning Lar1

    Listing provided courtesy of Ken Shapiro of Silverwood Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-26T20:31:49.377. 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