1333 Meadowbrook Avenue,  Los Angeles CA, 90019 (Residential Income)

3,931 sqft
Status: Sold
MLS#: SR14136767
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Last Updated: 12/7/2016 8:26 PM
Description for 1333 Meadowbrook Avenue Los Angeles, CA 90019
HUGE PRICE REDUCTION! SELLER HIGHLY MOTIVATED! Got cash sitting in the bank earning 1%? Here's an awesome opportunity to increase your returns exponentially. This Spacious duplex located in one of L.A's hottest areas is close to everything and has been well maintained . Owner's unit(downstairs)is over 2000 sq ft with 3 beds and 2 baths. Tenants unit(upstairs) is close to the same and occupied. Perfect opportunity to live in the heart of L.A. minutes from everything while receiving rental income. Upstairs unit has had some nice upgrades. Owner's unit is perfect for the buyer looking to put their own stamp on things. Each unit has a fireplace and hardwood floors. Building has had close to $200k in system upgrades within the last twelve months, new roof, New HVAC, new copper plumbing, new electrical, new stucco. etc. Home also has a bonus space next to the garage that could be a third unit or a great game room. Space has been permitted as a mother-in law's quarters.
Price
Sold Price:
$1,105,000
Sold Date:11/25/2014
Los Angeles
3,931 (approx)
SR14136767
Closed
Description
HUGE PRICE REDUCTION! SELLER HIGHLY MOTIVATED! Got cash sitting in the bank earning 1%? Here's an awesome opportunity to increase your returns exponentially. This Spacious duplex located in one of L.A's hottest areas is close to everything and has been well maintained . Owner's unit(downstairs)is over 2000 sq ft with 3 beds and 2 baths. Tenants unit(upstairs) is close to the same and occupied. Perfect opportunity to live in the heart of L.A. minutes from everything while receiving rental income. Upstairs unit has had some nice upgrades. Owner's unit is perfect for the buyer looking to put their own stamp on things. Each unit has a fireplace and hardwood floors. Building has had close to $200k in system upgrades within the last twelve months, new roof, New HVAC, new copper plumbing, new electrical, new stucco. etc. Home also has a bonus space next to the garage that could be a third unit or a great game room. Space has been permitted as a mother-in law's quarters.
Listing Information
Property Type: Cluster, Spanish, 2 Story
0.16 Acres 3,931 (approx)
1931 Yes- 2 spaces
2 Stucco
Public Water Service
Sewer at Street
2 Total
Neighborhood
Room Information
Living Room
Laundry Area
Interior Features
Central Air
Guesthouse
Living Room
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, Driveway
Stucco
None
No Pool
Block, Automatic Gate
Guesthouse, Curbs Walk
Driving Directions
Take pico to Meadowbrook, head north to property on left
Financial Considerations
5070009008
$28,800 Income ,$21,899Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90019 has a population of 3,804,503.

The median household income in Los Angeles, California 90019 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 90019 is 34.1 years.

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Courtesy: Keller Williams Realty Willie Wheaton
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