1131 N Avenue 56

    Los Angeles (City), CA 90042
    • $1,650,000
    • STATUS: Active Under Contract
    • ON SITE: 41 days
    • MLS #: 18413742
    Under Contract
    UPDATED: 110 min ago
    $1,650,000
    • 8
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $589
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1993
    County:

    School Ratings & Info

    Description

    We are excited to announce 1131 N Avenue 56, Los Angeles - A stellar 4 unit property in Highland Park! Constructed in 1993, this building is non-rent control, which is incredibly difficult to find in the area. Within walking distance of some of Highland Park's hottest and trendiest spots, including Cafe De Leche, Tacos Le Estrella, Donut Friend, Town Pizza, Highland Cafe, The York, and Sonny's Hideaway, this is an investment opportunity not to be missed!Additionally, there is a local post office, playground & easy bus and transit access surrounding the property. From working professionals and students, to families just starting off, the property provides an attractive living opportunity for the area's demographics. Comprised of 4 (four) 2 bedroom, 1 bathroom units, each with 2 private parking spaces, this investment property proves to be a spacious place to live in a highly desired area, boasting some of LA's top walk and transit scores.

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    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Wasserman. Based on information from the California Desert Association of Realtors as of 2019-01-16T23:36:25.343. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.teamwasserman.com/homes/89899488

    1131 N Avenue 56 Los Angeles (City), CA 90042

    • Price: $1,650,000
    • Status: Active Under Contract
    • Updated: 110 min ago
    • MLS #: 18413742
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,800
    SQFT
    $589
    $/SQFT
    1993
    Built
    Neighborhood:
    Highland Park
    County:
    Los Angeles
    Area:
    Highland Park
    Property Description
    We are excited to announce 1131 N Avenue 56, Los Angeles - A stellar 4 unit property in Highland Park! Constructed in 1993, this building is non-rent control, which is incredibly difficult to find in the area. Within walking distance of some of Highland Park's hottest and trendiest spots, including Cafe De Leche, Tacos Le Estrella, Donut Friend, Town Pizza, Highland Cafe, The York, and Sonny's Hideaway, this is an investment opportunity not to be missed!Additionally, there is a local post office, playground & easy bus and transit access surrounding the property. From working professionals and students, to families just starting off, the property provides an attractive living opportunity for the area's demographics. Comprised of 4 (four) 2 bedroom, 1 bathroom units, each with 2 private parking spaces, this investment property proves to be a spacious place to live in a highly desired area, boasting some of LA's top walk and transit scores.
    Exterior Features

    Carport Or Covered Spaces 0 Pool No Total Other Spaces 0 Total Parking Spaces 8

    Interior Features

    Avg Sq Ft Studio 0 Avg Sq Ft1 Bedroom 0 Avg Sq Ft2 Bedroom 0 Avg Sq Ft3 Bedroom 0 Bathrooms 4.00 Cooling Type Other Entry Level 0 Heating Type Other

    Property Features

    Act Total Rent 0.00 Adj Gross Income 101400.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 98358.00 Gross Schedule Inc 0.00 Lot Size Source (Other) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 67703.00 Number Of Buildings 1 Operating Expenses 0.00 Property Subtype Residential Income Realtor Association Palm Springs Assocation Of Realtors Sale Type Standard Sale Square Footage Source Other Tax Rate 0.00 Total Annual Op Exp 30655.00 Total Taxes 0.00

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Benjamin J. Hsiang of Realty Investment Advisors, Inc..
    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Wasserman. Based on information from the California Desert Association of Realtors as of 2019-01-16T23:36:25.343. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Team Wasserman
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