CA > Los Angeles
Los Angeles, CA 90006,1678 Roosevelt Ave
Los Angeles, CA 90006,1678 Roosevelt Ave
Los Angeles, CA 90006,1678 Roosevelt Ave
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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299
$1,150,000
Est. payment /mo
4 Beds
4 Baths
2,212 SqFt
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UPDATED:

09/05/2024 07:46 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,212 sqft

Price per Sqft $519

MLS Listing ID 23-321311

Style Craftsman

Bedrooms 4

Year Built 1905

Lot Size 6,039 Sqft

Acres 0.1386

Property Description

Up and Coming Harvard Heights (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Refrigerator, Range/Oven

Exterior

Garage Other

Garage Spaces 4.0

View Y/N Yes

View Tree Top

Building

Story 2

Architectural Style Craftsman

Level or Stories Two

Others

Special Listing Condition Standard

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Listed by Bruce Jay Associates

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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