132 N Alvarado Street,  Los Angeles CA, 90026 (Residential Income)

3,360 sqft
Status: Sold
MLS#: 16163738
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Last Updated: 12/6/2016 1:23 PM
Description for 132 N Alvarado Street Los Angeles, CA 90026
Looking for cashflow, great tenants, and zero maintenance? Adaptive Realty ripped down an old duplex seconds from Echo Park and replaced it with this beautiful modern 4plex. Literally everything is brand new except a tiny part of the foundation (which was upgraded). Units have 10' ceilings, hardwood floors, private outdoor space, and all modern conveniences (AC, dishwasher, w/d, etc.). 2 parking spaces per unit. All rents actual. Where else can you earn nearly 6% / year on your money and participate in the growth of what is probably LA's hottest rental market?
Price
Sold Price:
$1,715,000
Sold Date:10/06/2016
Los Angeles
3,360 (approx)
16163738
Closed
Description
Looking for cashflow, great tenants, and zero maintenance? Adaptive Realty ripped down an old duplex seconds from Echo Park and replaced it with this beautiful modern 4plex. Literally everything is brand new except a tiny part of the foundation (which was upgraded). Units have 10' ceilings, hardwood floors, private outdoor space, and all modern conveniences (AC, dishwasher, w/d, etc.). 2 parking spaces per unit. All rents actual. Where else can you earn nearly 6% / year on your money and participate in the growth of what is probably LA's hottest rental market?
Listing Information
Property Type: Cluster, Other
0.1 Acres 459,700 sq.ft. 3,360 (approx)
$510.42
4 Total
Neighborhood
Room Information
Exterior / Lot Features
Private
LAR4
Driving Directions
Just south of 101; east side of Alvarado
Financial Considerations
5157021014
,$40,000
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90026 has a population of 3,804,503.

The median household income in Los Angeles, California 90026 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 Los Angeles 90026 is 34.1 years.

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Courtesy: Adaptive Realty, Inc. Moses Kagan
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Information is deemed reliable but is not guaranteed.

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