1132 N Avenue 56,  Highland Park CA, 90042 (Residential Income)

3,139 sqft
Status: Sold
MLS#: SR16189557
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Last Updated: 12/4/2016 9:43 PM
Description for 1132 N Avenue 56 Highland Park, CA 90042
Located in one of LA's hottest and up-and-coming neighborhoods, this fabulous triplex offers a generous variety of shops, and restaurants extending for miles up and down York Boulevard, all accessible within a minute of the threshold! Family-owned over decades, it is a rare investment opportunity in the heart of Los Angeles with easy access to Downtown Los Angeles, Glendale, Pasadena and adjacent areas. The front 2 units,a duplex, feature 2 bedrooms and one bath, pleasing light and bright living rooms, spacious formal dining rooms with hardwood floors, plaster walls and ceilings, art-deco tile work, and plenty of architectural interest to capture the admiration of perspective tenants with just one look. The detached third unit, a single family home with 2 bedrooms and one bath at the rear offers additional privacy, perfect for those who don't want to share walls with their neighbors. Each unit offers its own laundry room. Two private enclosed garage spaces offer additional income opportunity. Whether considering a purchase strictly for investment or for owner-occupancy this property offers much upside potential. Please drive by but thank you for not disturbing the tenants. Submit offers "Subject to Inspection."
Price
Sold Price:
$839,000
Sold Date:10/20/2016
Los Angeles
3,139 (approx)
SR16189557
Closed
Description
Located in one of LA's hottest and up-and-coming neighborhoods, this fabulous triplex offers a generous variety of shops, and restaurants extending for miles up and down York Boulevard, all accessible within a minute of the threshold! Family-owned over decades, it is a rare investment opportunity in the heart of Los Angeles with easy access to Downtown Los Angeles, Glendale, Pasadena and adjacent areas. The front 2 units,a duplex, feature 2 bedrooms and one bath, pleasing light and bright living rooms, spacious formal dining rooms with hardwood floors, plaster walls and ceilings, art-deco tile work, and plenty of architectural interest to capture the admiration of perspective tenants with just one look. The detached third unit, a single family home with 2 bedrooms and one bath at the rear offers additional privacy, perfect for those who don't want to share walls with their neighbors. Each unit offers its own laundry room. Two private enclosed garage spaces offer additional income opportunity. Whether considering a purchase strictly for investment or for owner-occupancy this property offers much upside potential. Please drive by but thank you for not disturbing the tenants. Submit offers "Subject to Inspection."
Listing Information
Property Type: Cluster, Spanish
0.14 Acres 630,000 sq.ft. 3,139 (approx)
$267.28 1923
Yes- 2 spaces Stucco
3 Total
Neighborhood
Room Information
Hookups in Laundry Room
Interior Features
Hardwood, Carpet Wall to Wall
None
Gas Heat, Wall Unit, Floor Furnace
No Fireplace
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, Assigned Parking Space
Stucco
Composition
None
No Pool
LARD1.5
Sidewalks, Curbs Walk
Driving Directions
Cross Streets: North of York
Financial Considerations
5478026011
$44,914 Income ,$18,044Expense
Listing Price History

Highland Park Real Estate

Highland Park is located in California. Highland Park, California 90042 has a population of 1,902,251.

The median household income in Highland Park, California 90042 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Highland Park 90042 is 34.1 years.

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Courtesy: Keller Williams Realty - Studi Jon Trunk
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