UPDATED:
12/10/2024 04:04 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24220787
HOA Y/N No
Year Built 1908
Lot Size 7,505 Sqft
Property Description
This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!!
ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,2240 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units and still have an annual income of $133,224 per year.
The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which are used as Airbnb currently and bringing in about $3500 + $3500 each per month.
This is the best deal in town and any reasonable offer will be considered, so submit your offer today!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Suburban
Total Parking Spaces 20
Private Pool No
Building
Lot Description Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5520006004
Acceptable Financing Cash, FHA, Submit
Listing Terms Cash, FHA, Submit
Special Listing Condition Standard
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Scott Woodburn
Real Estate Professional Knowledge Broker | License ID: 01185194
Real Estate Professional Knowledge Broker License ID: 01185194