3158 Verdugo Road,  Los Angeles CA, 90065 (Residential Income)

15,138 sqft
Status: Sold
MLS#: 15905277
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Last Updated: 12/11/2016 12:07 AM
Description for 3158 Verdugo Road Los Angeles, CA 90065
52% Upside in Rents!!! Multiple level 18-unit courtyard style building is three stories with wood frame and stucco construction.Situated in Glassell Park and minutes away from the LA River. Property consists of (14) two-bed, one-bath units (4) one-bed, one-bath units. 1 Parking Space for every unit onsite. The units are separately metered for electricity and gas. Located on a quiet street but within walking distance to amenities. Other highlights include a new 100 gallon water heater, recently finished polyeurthane covered roof, and on-site laundry machines. This property offers minimal cash flow upfront but immense upside as the tenants move out and the neighborhood improves.
Price
Sold Price:
$2,975,000
Sold Date:07/29/2015
Los Angeles
15,138 (approx)
15905277
Closed
Description
52% Upside in Rents!!! Multiple level 18-unit courtyard style building is three stories with wood frame and stucco construction.Situated in Glassell Park and minutes away from the LA River. Property consists of (14) two-bed, one-bath units (4) one-bed, one-bath units. 1 Parking Space for every unit onsite. The units are separately metered for electricity and gas. Located on a quiet street but within walking distance to amenities. Other highlights include a new 100 gallon water heater, recently finished polyeurthane covered roof, and on-site laundry machines. This property offers minimal cash flow upfront but immense upside as the tenants move out and the neighborhood improves.
Listing Information
Property Type: Cluster, Other
0.43 Acres 18,783 sq.ft. 15,138 (approx)
$196.53 1961
18 Total
Neighborhood
Room Information
Interior Features
Refrigerator
Window/Wall Unit
Exterior / Lot Features
18 Parking Spaces, Carport, Assigned Parking Space
LARD2
Driving Directions
East of San Fernando Road. South of 2 Freeway. North of Highland Park.
Financial Considerations
5456010008
,$108,203
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90065 has a population of 3,804,503.

The median household income in Los Angeles, California 90065 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 90065 is 34.1 years.

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Courtesy: Clement Partners Real Estate R Kip Kolodziejski
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