Skip To Content

3103 8th Ave

Los Angeles, CA 90018
  • $875,000
  • STATUS: Active
  • ON SITE: 76 days
  • MLS #: 21-713090
UPDATED: 56 min ago
$875,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,560
    SQFT
  • $561
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Located in the burgeoning Jefferson Park section of Los Angeles, this rare 3-unit is perfect for an end-user or value-add buyer. All units are currently occupied with a monthly rent roll of $4,622. The property also features a 3-car covered garage and a gated fence. Current rents are collectively 15% below market value. Dubbed as the soul of the city because of its strong sense of community among its residents, Jefferson Park is an historic gem of a neighborhood. Situated right off the Santa Monica highway, residents can easily access any part of the city in minutes. One of the standout features of Jefferson Park is its gorgeous historic homes. The area is a mix of Edwardian, Art Deco, and Craftsman bungalow homes from the turn of the century.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-16T12:42:47.773. 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/115650846
Print Image

3103 8th Ave Los Angeles, CA 90018

  • Price: $875,000
  • Status: Active
  • Updated: 56 min ago
  • MLS #: 21-713090
3
Beds
0
Baths
0
½ Baths
0.13
Acres
1,560
SQFT
$561
$/SQFT
1925
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Located in the burgeoning Jefferson Park section of Los Angeles, this rare 3-unit is perfect for an end-user or value-add buyer. All units are currently occupied with a monthly rent roll of $4,622. The property also features a 3-car covered garage and a gated fence. Current rents are collectively 15% below market value. Dubbed as the soul of the city because of its strong sense of community among its residents, Jefferson Park is an historic gem of a neighborhood. Situated right off the Santa Monica highway, residents can easily access any part of the city in minutes. One of the standout features of Jefferson Park is its gorgeous historic homes. The area is a mix of Edwardian, Art Deco, and Craftsman bungalow homes from the turn of the century.
Exterior Features

Entry Location Ground Level - No Steps Lot Size Area 5603 Other Structures None Parking Garage Garage Is Attached Total Parking 3

Interior Features

Baths Total 3.00 Cooking Appliances Cooktop - Gas Cooling Air Conditioning Equipment Ceiling Fan Flooring Hardwood Heating Baseboard

Property Features

ADACompliance No Assessed Total Value 790500 Gross Income 55464 Gross Operating Income 53800 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 25536.00 Number Of Buildings 1 Number Of Units 3 Owner Pays Water Sale Type Standard Security Features Gated Source Living Area Estimated Source Lot Size Area Vendor Enhanced Total Annual Expense 28246 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar2

Listing provided courtesy of Trevor Nelson DRE#01495150 of Trevor Carl Nelson.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-16T12:42:47.773. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-713090-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-713090-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-713090-2.jpg
Logo
Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210