1333 Bates Avenue , Los Angeles, CA - 90027 is For Sale

  • 21699018
  • 21699018
  • 21699018
  • 21699018
  • 21699018
  • 21699018
  • 21699018
  • 21699018
  • 21699018
$2,200,000· Income property

Description

This rare fourplex in Los Feliz sits on a beautiful, quiet, and safe residential street. Built in 1988, all units are 3 bedrooms and 2 full bathrooms. Located in the hot sub-market of Los Angeles and within walking distance of the trendy restaurants and shops along Sunset Blvd (Silver Lake). Kaiser Permanente, Children's Hospital of Los Angeles, and Hollywood Presbyterian Medical Center are only a few blocks away. This is an amazing property that will be delivered with one unit vacant to allow the buyer to reap the upside benefits. Current rents have big upside potential for investors, especially with some updates/improvements to the original features. All units are individually metered for both gas and electricity. All units are on a month-to-month tenancy. Please do not disturb residents! Drive-by only, contact the listing agent before walking onto the property. The listing agent has partial ownership of the property.

Features

MLS#: 21699018
List Price : $2,200,000
Total Units : 4
Gross Operating Income : $125,568
Net Operating Income : $79,968
Sq M : 631 M2
Year Built : 1988
Days on market : 133 Days
Gross taxes : N/A
Address : 1333 Bates Avenue
City : Los Angeles
State : CA
Zip Code : 90027
Neighborhood : N/A
Appliances : Refrigerator, Gas Range, Gas Oven, Oven
Fireplace Features : Bath, Dining Room, Kitchen
Stories : 2
Parking Features : Assigned
Sale Type : Standard
View : City Lights
 
Property Type : Residential Income
Original List Price : $2,200,000
Acres : 0.15
Lot Size (Acres) : 0.15
Heating : Central
Parking Features : Assigned
Security Safety : Gated Community
Driving Directions : North of Fountain Ave., South of Sunset Drive, and West of Hollywood Blvd
 
Courtesy of : Alexander Halimi , Compass

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