4796 Academy Street

    El Sereno, CA 90032
    • $825,000
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: DW19029568
    UPDATED: 49 min ago
    $825,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,016
      SQFT
    • $274
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    HUGE PRICE REDUCTION and Motivated Sellers bring your offers!!GREAT RENTAL INCOME OPPORTUNITY *** 4 Unit Apartment Building***The living is easy in these impressive, generously proportioned contemporary 4 unit residences with City views, located on a corner of Hillsdale Drive and Academy Street.The floor plan of this building encompasses four spacious APARTMENTS all 2-bedrooms and 1-bathroom each. Every unit has plenty of room and two assigned spacious parking space for each unit. This building comes with 4 gas meters and 5 electrical meters - one electrical meter is for all exterior lights. ALL units are tenant occupied. One of the units might be deliver vacant FIRST TIME HOME BUYERS are WELCOME. I invite you to invest your money wisely by becoming the new owner of this apartment building TODAY! Perfect for a family looking to live in one unit and rent the others and/or an investor looking for rental income cash flow. These units are ideally positioned to enjoy the proximity to cafes and restaurants, shopping center, and a selection of premier schools. ***4 UNIT APARTMENT BUILDING***

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-23T20:34:44.06. 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. Licensed in the State of California, USA.
    www.themarellygroup.com/homes/91660195

    4796 Academy Street El Sereno, CA 90032

    • Price: $825,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: DW19029568
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,016
    SQFT
    $274
    $/SQFT
    1953
    Built
    Neighborhood:
    621 - El Sereno
    County:
    Los Angeles
    Area:
    621 - El Sereno
    Property Description
    HUGE PRICE REDUCTION and Motivated Sellers bring your offers!!GREAT RENTAL INCOME OPPORTUNITY *** 4 Unit Apartment Building***The living is easy in these impressive, generously proportioned contemporary 4 unit residences with City views, located on a corner of Hillsdale Drive and Academy Street.The floor plan of this building encompasses four spacious APARTMENTS all 2-bedrooms and 1-bathroom each. Every unit has plenty of room and two assigned spacious parking space for each unit. This building comes with 4 gas meters and 5 electrical meters - one electrical meter is for all exterior lights. ALL units are tenant occupied. One of the units might be deliver vacant FIRST TIME HOME BUYERS are WELCOME. I invite you to invest your money wisely by becoming the new owner of this apartment building TODAY! Perfect for a family looking to live in one unit and rent the others and/or an investor looking for rental income cash flow. These units are ideally positioned to enjoy the proximity to cafes and restaurants, shopping center, and a selection of premier schools. ***4 UNIT APARTMENT BUILDING***
    Exterior Features

    Architectural Style Modern Construction Materials Stucco Direction Faces North Entry Location Side Of Building Fence YN Yes Fencing Chain Link Foundation Details CombinationPillar/Post/PierRaised Garage Spaces 0.00 Lot Features Back YardFront YardPark NearbyWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle View City LightsHillsMountain(S)Neighborhood View YN Yes

    Interior Features

    Appliances None Appliances YN No 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 1 Common Wall Flooring CarpetTile Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)Copper Plumbing Partial Laundry Features None Levels Two Room Type EntryKitchenLiving Room

    Property Features

    Accessibility Features Parking Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsFoothillsStreet Lights Country Us Electric Standard Electric Expense 75.00 Elevation Units Feet Gross Income 4600.00 Gross Scheduled Income 4600.00 Insurance Expense 65.00 Land Lease YN No Laundry YN No Net Operating Income 4125.00 New Construction YN No New Taxes Expense 200.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 475.00 Property Condition Repairs CosmeticTurnkey Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Window Bars Senior Community YN No Sewer Private Sewer Special Listing Conditions Standard Subdivision Name Other Ela Tenant Pays ElectricityGasSewerTrash Collection Total Expenses 475.00 Trash Expense 35.00 Utilities Cable AvailableElectricity AvailableSewer AvailableWater Available Water Sewer Expense 100.00 Water Source Private Year Built Source Assessor Zoning Lard3

    Listing provided courtesy of Durga Baumann of Excellence Re Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-23T20:34:44.06. 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. Licensed in the State of California, USA.
     
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