1427 S Norton Avenue

    Los Angeles (City), CA 90019
    • $1,199,000
    • STATUS: Active
    • ON SITE: 142 days
    • ID#: 18392128
    UPDATED: 36 min ago
    $1,199,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,904
      SQFT
    • $244
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Gorgeous 4 unit income property in excellent neighborhood with great tenants, separately metered, owner pays water bill approximately $700 every 2 months, 3 private garages not currently being used by tenants, great for instant additional rental income, rents have not been increased in over 2 years, tenants each pay their own garbage, long driveway for additional parking, remodeled kitchens in each unit with granite counters and custom built cabinets, hardwood floors, hand crafted crown moldings in each unit, master craftsmanship with custom door frames, built in cabinets, ceiling fans, bright and open floor plans with raised ceilings, custom interior paint in each unit, custom bowl sink, washer and dryer hookups in each unit, fenced and paved lot with little landscaping required, large Victorian style homes line the street, 100% occupied with long term wonderful tenants, Incredible opportunity to own an investment property with great value add propositions!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-23T20:39:27.957. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/88164877

    1427 S Norton Avenue Los Angeles (City), CA 90019

    • Price: $1,199,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 18392128
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,904
    SQFT
    $244
    $/SQFT
    1924
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Gorgeous 4 unit income property in excellent neighborhood with great tenants, separately metered, owner pays water bill approximately $700 every 2 months, 3 private garages not currently being used by tenants, great for instant additional rental income, rents have not been increased in over 2 years, tenants each pay their own garbage, long driveway for additional parking, remodeled kitchens in each unit with granite counters and custom built cabinets, hardwood floors, hand crafted crown moldings in each unit, master craftsmanship with custom door frames, built in cabinets, ceiling fans, bright and open floor plans with raised ceilings, custom interior paint in each unit, custom bowl sink, washer and dryer hookups in each unit, fenced and paved lot with little landscaping required, large Victorian style homes line the street, 100% occupied with long term wonderful tenants, Incredible opportunity to own an investment property with great value add propositions!
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes

    Property Features

    Gross Multiplier 23.39 Gross Operating Income 53240.00 Improvements Amount 67859 Land Value 41578 Net Operating Income 46379.00 Special Listing Conditions Standard Total Expenses 6861.00 Water Sewer Expense 700.00 Zoning Lard2

    Listing provided courtesy of Yvette Jordan of Truline Realty and Sierus Erdelyi of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-23T20:39:27.957. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723