1323 E Vernon Avenue,  Los Angeles CA, 90011 (Residential Income)

2,152 sqft
Status: Backup Offers
MLS#: DW16707946
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Last Updated: 12/3/2016 8:36 PM
Description for 1323 E Vernon Avenue Los Angeles, CA 90011
This multi-unit property is located in a great area. All units have good tenants that pay on time. This purchase is a great opportunity for an investor looking to keep long term or a saver buyer who can live in one and rent the rest. Tenants have been advised rent will be going UP as of Jan 1st. Each unit has 1 bed 1 bath, approximately 2152 square feet total living space and 5200 lot size. The back two units were remodeled 4 years ago and the front two are nicely kept. Units also have fruit trees which include lemon and sugar canes. Did I also mentioned it is located about 2 blocks from metro station, 5 minutes away from Huntington Park and best of all about 10 to 15 minutes from Iconic Down Town LA. Seller pays water and trash only and tenants are responsible for the rest of utilities. By appointment ONLY. SUBJECT TO CANCELLATION OF CURRENT ESCROW.
Price
$460,000
Los Angeles
2,152 (approx)
DW16707946
Backup Offers
Description
This multi-unit property is located in a great area. All units have good tenants that pay on time. This purchase is a great opportunity for an investor looking to keep long term or a saver buyer who can live in one and rent the rest. Tenants have been advised rent will be going UP as of Jan 1st. Each unit has 1 bed 1 bath, approximately 2152 square feet total living space and 5200 lot size. The back two units were remodeled 4 years ago and the front two are nicely kept. Units also have fruit trees which include lemon and sugar canes. Did I also mentioned it is located about 2 blocks from metro station, 5 minutes away from Huntington Park and best of all about 10 to 15 minutes from Iconic Down Town LA. Seller pays water and trash only and tenants are responsible for the rest of utilities. By appointment ONLY. SUBJECT TO CANCELLATION OF CURRENT ESCROW.
Listing Information
Property Type: Cluster, Multi Level
0.11 Acres 520,000 sq.ft. 2,152 (approx)
$213.75 1956
4 Total
Neighborhood
Room Information
Interior Features
None
Exterior / Lot Features
4 Parking Spaces, Guest Parking
None
No Pool
LAR4
Sidewalks
Driving Directions
See maps
Financial Considerations
5116006024
$35,892 Income ,$1,992Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90011 has a population of 3,804,503.

The median household income in Los Angeles, California 90011 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 90011 is 34.1 years.

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Courtesy: Century 21 Jervis & Associates Nidya Pineda
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