140 S Avenue 58,  Los Angeles CA, 90042 (Residential Income)

3,384 sqft
Status: Sold
MLS#: WS15071632
Skip Slideshow
Last Updated: 12/5/2016 2:27 AM
Description for 140 S Avenue 58 Los Angeles, CA 90042
RARE OPPORTUNITY TO OWN A MONEY MAKING INCOME IN THE FAST GROWING CITY OF HIGHLAND PARK!! Located in a highly desirable rent-able area with a long waiting list. This property is a 3 unit building that is being utilized as a boarding house with 10 separate units. 10 total bedrooms and 5 bathrooms in good condition. There is a one bed/one bath apartment in the rear. The downstairs has 4 bed/4 bath, kitchen/dining, living room and laundry. The upstairs has 5 bedrooms/4 baths, kitchen/dining, living room and laundry.. The setup of the house is perfect for each room to be rented out individually or subdivided for families, there are endless possibilities with this property!! Currently the rooms all have great long term tenants. Location is convenient to walk to shops/grocery stores, restaurants, art, public transportation, park and schools. Minutes drive to Downtown LA, South Pasadena, Pasadena & Glendale. This property won't stay on the market for long, buyers and investors come and check it out while you have the chance!!
Price
Sold Price:
$765,000
Sold Date:06/26/2015
Los Angeles
3,384 (approx)
WS15071632
Closed
Description
RARE OPPORTUNITY TO OWN A MONEY MAKING INCOME IN THE FAST GROWING CITY OF HIGHLAND PARK!! Located in a highly desirable rent-able area with a long waiting list. This property is a 3 unit building that is being utilized as a boarding house with 10 separate units. 10 total bedrooms and 5 bathrooms in good condition. There is a one bed/one bath apartment in the rear. The downstairs has 4 bed/4 bath, kitchen/dining, living room and laundry. The upstairs has 5 bedrooms/4 baths, kitchen/dining, living room and laundry.. The setup of the house is perfect for each room to be rented out individually or subdivided for families, there are endless possibilities with this property!! Currently the rooms all have great long term tenants. Location is convenient to walk to shops/grocery stores, restaurants, art, public transportation, park and schools. Minutes drive to Downtown LA, South Pasadena, Pasadena & Glendale. This property won't stay on the market for long, buyers and investors come and check it out while you have the chance!!
Listing Information
Property Type: Cluster, 2 Story
0.16 Acres 6,920 sq.ft. 3,384 (approx)
1909 2
Public Water Service
10 Total
Neighborhood
Room Information
Living Room
Common
Interior Features
Kitchen, Living Room, Master Bedroom, Outdoor Fireplace, Electric, Gas Burning
Exterior / Lot Features
10 Parking Spaces
Shingle
None
No Pool
Curbs Walk
Financial Considerations
5492002002
$7,987
$45,980 Income ,$28,453Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90042 has a population of 3,804,503.

The median household income in Los Angeles, 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 Los Angeles 90042 is 34.1 years.

Loading nearby sales and history ...
Courtesy: MILANO REALTY BRIAN NGOY
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby