3327 Gassen Place

    Los Angeles (City), CA 90065
    • $1,400,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: 20556822
    UPDATED: 52 min ago
    $1,400,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:

    School Ratings & Info

    Description

    Rare opportunity to acquire a unique 4-plex in Glassell Park. 1983 construction with (4) spacious 2BR/2BA units. Total building SF equates to 4,142 SF. There is ample parking with 8 designated spaces available in the rear. Prime location and a quaint street. Great demographics - $96,000 average household income in a 1-mile radius. Glassell Park. There is close to 50% rental upside to capture which make this an incredible opportunity. Subject property is located with easy access to the 2, 5, and 134 Freewares allowing for short and convenient commutes to Pasadena, South Pasadena, Silver Lake, Echo Park, and Downtown Los Angeles.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T14:28:28.023. 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/103448479

    3327 Gassen Place Los Angeles (City), CA 90065

    • Price: $1,400,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 20556822
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1983
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    Rare opportunity to acquire a unique 4-plex in Glassell Park. 1983 construction with (4) spacious 2BR/2BA units. Total building SF equates to 4,142 SF. There is ample parking with 8 designated spaces available in the rear. Prime location and a quaint street. Great demographics - $96,000 average household income in a 1-mile radius. Glassell Park. There is close to 50% rental upside to capture which make this an incredible opportunity. Subject property is located with easy access to the 2, 5, and 134 Freewares allowing for short and convenient commutes to Pasadena, South Pasadena, Silver Lake, Echo Park, and Downtown Los Angeles.
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 69264.00 Gross Multiplier 20.21 Gross Operating Income 69264.00 Net Operating Income 41699.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0.00 Zoning Lar2

    Listing provided courtesy of David Harrington of Matthews Real Estate Investment Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T14:28:28.023. 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.

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