1715 E 65th Street, Los Angeles, CA 90001
- $699,999
- List Price
- $699,999
- Price Change
- ▼ $35,001 1789541055
- Status
- ACTIVE
- MLS#
- CV26154450
- Year Built
- 1954
- Lot Size
- 6,026
- Acres
- 0.14
- Lot Location
- Cul-De-Sac
- Days on Market
- 65
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
PRICE REDUCTION! MOTIVATED SELLER! GREAT INVESTMENT OPPORTUNY! Well-maintained 4-unit property consisting of 3 separate buildings, offering excellent income potential. Each unit features 1 bedroom, 1 bathroom, interior laundry, and wall heaters. Property offers ample parking with a large front driveway and additional parking behind the wrought-iron gate. Excellent opportunity to increase rental income! The occupants of 1715 1/2 have indicated a willingness to relocate, potentially providing the new owner an opportunity to stablish a new rental rate upon lawful vacancy, subject to applicable rent-control and tenancy laws. Current gross monthly rental income is approximately $4,389, with potential for increased income. Property features 4 separate electric meters and 4 separate gas meters, with tenants paying their respective usage. Additional yard/grass area may offer future development or ADU potential, subject to buyer verification of zoning, permits, and local requirements. Great opportunity for an investor looking to expand their portfolio or a buyers seeking a multi-unit property with long-term income and value-add potential. Buyer to verify all rents, tenancy information, permits, square footage, zoning, and development potential.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $52,688
Listing courtesy of Listing Agent: Sandra Balentan (balentanrealestate@gmail.com) from Listing Office: COLDWELL BANKER LEADERS.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.