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    203 N Avenue 49

    Los Angeles, CA 90042
    • $1,085,000
    • STATUS: Active Under Contract
    • ON SITE: 73 days
    • ID#: 20-632020
    Under Contract
    UPDATED: 53 min ago
    $1,085,000
    • 6
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,358
      SQFT
    • $460
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:

    School Ratings & Info

    Description

    Excellent income producing duplex built in 1983 (not under LA rent control ordinance) in a private & quiet end of cul-de-sac location within the desirable up-and-coming neighborhood of Highland Park! Great opportunity to either occupy one unit while collecting rent from the other, or for an investor looking for a low maintenance property with excellent cash flow & CAP rate! Each of the two spacious units features 3 beds & 2 baths, including a large master bedroom with walk-in closet and en-suite bathroom. Each unit comes with its own in-unit laundry hookups, separate 2 car garages and private outdoor spaces. 5 minute drive to downtown LA and close to freeways, schools and local stores. Short walk to the Southwest Museum Metro Station (Gold Line) making commute into downtown LA and other parts of LA a breeze!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T09:42:20.293. 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.trulinerealty.com/homes/110160236
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    203 N Avenue 49 Los Angeles, CA 90042

    • Price: $1,085,000
    • Status: Active Under Contract
    • Updated: 53 min ago
    • ID#: 20-632020
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,358
    SQFT
    $460
    $/SQFT
    1983
    Built
    Neighborhood:
    Highland Park
    County:
    Los Angeles
    Area:
    Highland Park
    Property Description
    Excellent income producing duplex built in 1983 (not under LA rent control ordinance) in a private & quiet end of cul-de-sac location within the desirable up-and-coming neighborhood of Highland Park! Great opportunity to either occupy one unit while collecting rent from the other, or for an investor looking for a low maintenance property with excellent cash flow & CAP rate! Each of the two spacious units features 3 beds & 2 baths, including a large master bedroom with walk-in closet and en-suite bathroom. Each unit comes with its own in-unit laundry hookups, separate 2 car garages and private outdoor spaces. 5 minute drive to downtown LA and close to freeways, schools and local stores. Short walk to the Southwest Museum Metro Station (Gold Line) making commute into downtown LA and other parts of LA a breeze!
    Exterior Features

    Covered Parking 4 Garage Structures Total 2 Lot Size Area 6316 Other Structures None Parking Garage AssignedAttachedDrivewayGarage - 4+ CarGarage Is AttachedPrivate Garage Sprinklers None Total Parking 9 View Description Hills View YN Yes

    Interior Features

    Baths Total 4.00 Bedroom Features Master SuiteWalkincloset Cooling Wall/Window Equipment DishwasherGarbage DisposalRange/OvenStackable W/D Hookup Heating Central Kitchen Features Granite Counters Laundry In UnitLaundry Closet Stacked

    Property Features

    Assessed Total Value 821100 Gross Income 76080 Gross Operating Income 76080 Like Units1 1 Like Units2 1 Net Operating Income 61617.00 Number Of Buildings 1 Number Of Units 2 Owner Pays WaterGardener Rent Control YN No Sale Type Standard Sewer In Connected And Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityCable TvGasTrash CollectionOther Total Annual Expense 14463 Type Of Units Apartments Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar1

    Listing provided courtesy of Samer Musallam DRE#01424839 of Elite Home Group.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-01T09:42:20.293. 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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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211