$823,000
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4,504 Sqft Lot
SOLD DATE : 11/08/2019
Key Details
Sold Price $823,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR19206966
Sold Date 11/08/19
HOA Y/N No
Year Built 1965
Lot Size 4,504 Sqft
Property Description
Spacious 2-story duplex with limitless potential in the prime Eagle Rock. Ideally located just across of Eagle Rock Highly Gifted School. Easy commute to Glendale, Pasadena, and Downtown L.A. Minutes to Sprouts Farmers Market, Starbucks, multiple parks and many eateries/cafes, Magnet Center, Occidental College, and Yosemite Recreational Center which offers children's playground, tennis courts, baseball field and much more.
Upper unit is 3 bed/2 bath with 2 balconies, 1 –car garage and Storage Shed in the backyard. Ground unit is 2 bed/1 bath with 1-car garage.
Each unit has individual hot water heaters, separate electric and gas meters, washer/dryer hookups.
All units have gas wall heaters and in wall electric air conditioning units. Enclosed backyard.
There are 4-5 parking spaces in front of the house.
Since the building was built in 1965 it is currently subject to City of Los Angeles rent control ordinance. The rent control ordinance provides opportunity for future rent increases. 3Bed UNIT WILL BE DELIVERED VACANT, lease contract of tenants living in the second unit ends on May 31, 2020. Owner has never had any trouble renting either unit. The possibilities are endless with this property, live in one unit - rent the other, rent both, or tear down and build brand new home.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Zoning LAR1
Interior
Heating Wall Furnace
Cooling Electric, Wall/Window Unit(s)
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Direct Access, Driveway, Garage Faces Front, Garage, On Site, Private
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Foothills, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5689007026
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing FHA
Special Listing Condition Standard
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Bought with Natalya Shcherbatyuk • Champion Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States