1678 Roosevelt Avenue, Los Angeles, CA 90006
-
Listed Price :
$1,150,000
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Beds :
4
-
Baths :
4
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Property Size :
2,212 sqft
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Year Built :
1905
Property Description
Up and Coming Harvard Heights (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
Interior Features
Bedroom Information |
Bedrooms |
4 |
Bathroom Information |
Bathrooms |
4 |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
1678 Roosevelt Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90006 |
County |
Los Angeles |
Listing Agent |
Jonathan Jay DRE #01979786 |
Courtesy Of |
Bruce Jay Associates |
List Price |
$1,150,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
2,212 |
Lot Size |
6,039 |
Year Built |
1905 |
Listing information courtesy of: Jonathan Jay, Bruce Jay Associates. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.