640 S Eastman Avenue,  Los Angeles CA, 90023 (Residential Income)

1,584 sqft
Status: Sold
MLS#: CV15125598
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Last Updated: 12/10/2016 5:29 PM
Description for 640 S Eastman Avenue Los Angeles, CA 90023
A great opportunity for owner or investor in a much desired area of East Los Angeles. This residential income property has been owned by the same family since 1947. Main house is a 3bdrm/1bath, however there is an unpermitted bathroom next to the laundry room. This property is spanish style with coffered ceiling, arched doorways and plaster walls, roof is spanish tile and rolled roof. There is a two car garage that was converted to a studio back in the 1950's it has since been used as storage area and water and gas lines were capped. The upstairs apartment is approx 500sq ft with a galley kitchen, bedroom and sitting room and small bath. Both units have their own meters. Both units need updating but there is lots of potential here. There is also a cellar that can be used as storage under the main unit. Front and back have concrete patios. Both units will be delivered vacant.
Price
Sold Price:
$387,000
Sold Date:09/09/2015
Los Angeles
1,584 (approx)
CV15125598
Closed
Description
A great opportunity for owner or investor in a much desired area of East Los Angeles. This residential income property has been owned by the same family since 1947. Main house is a 3bdrm/1bath, however there is an unpermitted bathroom next to the laundry room. This property is spanish style with coffered ceiling, arched doorways and plaster walls, roof is spanish tile and rolled roof. There is a two car garage that was converted to a studio back in the 1950's it has since been used as storage area and water and gas lines were capped. The upstairs apartment is approx 500sq ft with a galley kitchen, bedroom and sitting room and small bath. Both units have their own meters. Both units need updating but there is lots of potential here. There is also a cellar that can be used as storage under the main unit. Front and back have concrete patios. Both units will be delivered vacant.
Listing Information
Property Type: Cluster, Spanish, 2 Story
0.09 Acres 3,792 sq.ft. 1,584 (approx)
1924 Yes
2 Plaster
Public Water Service
Sewer Connected
Electric service available, Natural Gas
2 Total
Neighborhood
Room Information
1 Master Suite
Hookups in Laundry Room, Inside
Galley Kitchen
Interior Features
Ceramic Tile, Vinyl
None
None
Tile Counter Top
Exterior / Lot Features
1 Parking Spaces, Detached Carport, Converted Garage
Plaster
Rolled, Spanish Clay Tile
None
No Pool
LCR4YY
Chain Link
Gutters, Sidewalks, Rain Gutters, Satellite dish
Financial Considerations
5238015001
$30,000 Income ,$11,432Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90023 has a population of 3,804,503.

The median household income in Los Angeles, California 90023 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 90023 is 34.1 years.

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Courtesy: BERKSHIRE HATHAWAY CA PROP DEBORAH MENENDEZ
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