5120 Meridian Street

    Los Angeles (City), CA 90042
    • $1,379,000
    • STATUS: Pending
    • ON SITE: 66 days
    • MLS #: 18407218
    Pending
    UPDATED: 6 min ago
    $1,379,000
    • 6
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,808
      SQFT
    • $491
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1996
    County:

    School Ratings & Info

    Description

    Welcome to your next best investment. Ever wanted to live in a perfectly remodeled, spacious 1,400 SF apartment and rent out the equally hip 2nd unit to help pay your mortgage? Here's your chance! This is a rare opportunity to invest in one of LA's hottest locations at an incredible value. Built in 1996 and fully remodeled in 2018, each apartment is 3 Bedrooms + 1.5 Baths with in-unit washer and dryers, wood floors & countertops, stainless appliances including dishwasher, on-trend finishes and fixtures, patios for both units, a rear pergola for relaxing, 4 rear parking spaces, and LAC4 zoning - so possibility to add units later! And no rent control! Does it get any better? Wait, did I mention this property is non-rent control and both units are vacant? Blocks to Highland Cafe, Cafe de Leche, Donut Friend, Town Pizza, The York, Sonny's Hideaway, Ramen of York, The Hi-Hat, The Hermosillo, Berry Bowl, Awesome Playground, Shorthand, US Post Office, AND Public Parking on Meridian & Ave 51!

    Monthly Payment Calculator

    ©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 2019-01-19T14:35:54.487. 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/89398076

    5120 Meridian Street Los Angeles (City), CA 90042

    • Price: $1,379,000
    • Status: Pending
    • Updated: 6 min ago
    • MLS #: 18407218
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,808
    SQFT
    $491
    $/SQFT
    1996
    Built
    Neighborhood:
    Highland Park
    County:
    Los Angeles
    Area:
    Highland Park
    Property Description
    Welcome to your next best investment. Ever wanted to live in a perfectly remodeled, spacious 1,400 SF apartment and rent out the equally hip 2nd unit to help pay your mortgage? Here's your chance! This is a rare opportunity to invest in one of LA's hottest locations at an incredible value. Built in 1996 and fully remodeled in 2018, each apartment is 3 Bedrooms + 1.5 Baths with in-unit washer and dryers, wood floors & countertops, stainless appliances including dishwasher, on-trend finishes and fixtures, patios for both units, a rear pergola for relaxing, 4 rear parking spaces, and LAC4 zoning - so possibility to add units later! And no rent control! Does it get any better? Wait, did I mention this property is non-rent control and both units are vacant? Blocks to Highland Cafe, Cafe de Leche, Donut Friend, Town Pizza, The York, Sonny's Hideaway, Ramen of York, The Hi-Hat, The Hermosillo, Berry Bowl, Awesome Playground, Shorthand, US Post Office, AND Public Parking on Meridian & Ave 51!
    Exterior Features

    Carport Or Covered Spaces 0 Construction FrameStucco Pool No Property Orientation Frontdoor Facesnorth Total Other Spaces 0 Total Parking Spaces 4 View Yes View Type Panoramic View

    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 Fireplace No

    Property Features

    Act Total Rent 0.00 Adj Gross Income 84000.00 Annual Gross Rent 0.00 Annual Land Lease Amount 0.00 Cross Street Address Meridian St & N Ave 51 Disclosures Property As Is Green Year Certified 0 Gross Annual Income 0.00 Gross Operating Inc 84000.00 Gross Schedule Inc 0.00 Laundry Description In-Unit Lot Size Source (Other) MLS Claw Mls Monthly Gross Income 0.00 Net Operating Inc 63523.00 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 20478.00 Total Taxes 0.00

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Dana Coronado of Keller Williams Realty.
    ©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 2019-01-19T14:35:54.487. 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
    78065 Main Street, Suite 205
    La Quinta CA, 92253