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1926 5TH Ave

Los Angeles, CA 90018
  • $1,700,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: 22-117749
New On Site 6 Days Ago
UPDATED: 117 min ago
$1,700,000
  • 9
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,684
    SQFT
  • $363
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

Great investment opportunity to own a Spanish Colonial Revival Style Quadruplex located in Arlington Heights area. This is an excellent opportunity to acquire property with a great source of income. Property features one 3 bedrooms, 1 bathroom, spacious living room and a formal dining room. The other three units feature 2 bedrooms, 1 bathroom, spacious living room and a formal dining room. All four units have hard wood flooring, and each unit has its own private laundry room. Beautiful neighboring homes with architectural styles to include Craftsman and other Spanish Colonial Revivals. Property is surrounded by new developments and a few miles from the Cumulus District which will have 50,000 square feet of retail space for shopping and dining. Also, near Culver City, Expo Line Station, Mar Vista, Venice, Santa Monica, Silicon Beach, USC, and endless culinary options. Property is a must see! Don't miss out on this great opportunity!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T23:42:25.73. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/124657271
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1926 5TH Ave Los Angeles, CA 90018

  • Price: $1,700,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 117 min ago
  • MLS #: 22-117749
9
Beds
0
Baths
0
½ Baths
0.16
Acres
4,684
SQFT
$363
$/SQFT
1923
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Great investment opportunity to own a Spanish Colonial Revival Style Quadruplex located in Arlington Heights area. This is an excellent opportunity to acquire property with a great source of income. Property features one 3 bedrooms, 1 bathroom, spacious living room and a formal dining room. The other three units feature 2 bedrooms, 1 bathroom, spacious living room and a formal dining room. All four units have hard wood flooring, and each unit has its own private laundry room. Beautiful neighboring homes with architectural styles to include Craftsman and other Spanish Colonial Revivals. Property is surrounded by new developments and a few miles from the Cumulus District which will have 50,000 square feet of retail space for shopping and dining. Also, near Culver City, Expo Line Station, Mar Vista, Venice, Santa Monica, Silicon Beach, USC, and endless culinary options. Property is a must see! Don't miss out on this great opportunity!
Exterior Features

Covered Parking 4 Exterior Construction Stucco Garage Structures Total 1 Levels Two Lot Description Back YardFenced YardSidewalks Lot Location City Lot Size Area 6999 Other Structures None Parking Garage AssignedGarage - 1 Car Pool Description None Pool YN No Roof Flat Spa None Spa YN No Style Spanish Colonial Tennis Court None Tennis YN No Total Parking 8 View Description None View YN No Water Frontage None

Interior Features

Baths Total 4.00 Common Walls Attached Cooling None Equipment None Fireplace Rooms Living RoomDining Flooring HardwoodOtherTile Heating Wall Laundry InsideRoom Water Heater Features Gas Windows Screens

Property Features

Amenities None Assessed Total Value 891865 Gardener Expense 720.00 Gross Income 108180 Gross Operating Income 81890 Insurance Expense 1200.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 81890.00 Number Of Buildings 1 Number Of Units 4 Owner Pays Water Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Smoke Detector Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 26290 Type Of Units Fourplex Water District Water Expense 2400.00 Year Built Source Vendor Enhanced Zoning Lard2

Listing provided courtesy of Walner H Hernandez DRE#01318574 of Re/Max Alliance Group.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T23:42:25.73. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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