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4216 Woodlawn Avenue

Los Angeles (City), CA 90011
  • $980,000
  • STATUS: Active Under Contract
  • ON SITE: 232 Days
  • ID#: 24380435
Under Contract
UPDATED: 24 min ago
$980,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,280
    SQFT
  • $430
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Daniel E. Rinsch of Berkshire Hathaway HomeServices California Properties (310-829-0629)


Description

ONE UNIT DELIVERED VACANT. Assumable loan at 2.625% - 4 Units Fully rented! Exceptional income! Excellent Income! Professionally Managed! 2,280 sf on 7,128 sf of land. Build an ADU! Rear of parcel allows for an additional unit/ADU. Existing 4 Units have 1 Bedroom/ 1 bath each. The are 2 freestanding units at the front of the property. The 2 Units at the rear of the property share one wall. 3 of the units are updated with laminate flooring, new tile and cabinetry as well as quartz countertops. (Reported rents are rounded to the nearest dollar. ) Long term tenant in front left unit.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T08:24:57.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/149545196
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4216 Woodlawn Avenue Los Angeles (City), CA 90011

  • Price: $980,000
  • Status: Active Under Contract
  • On Site: 232 Days
  • Updated: 24 min ago
  • ID#: 24380435
4
Beds
0
Baths
0
½ Baths
0.16
Acres
2,280
SQFT
$430
$/SQFT
1923
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
ONE UNIT DELIVERED VACANT. Assumable loan at 2.625% - 4 Units Fully rented! Exceptional income! Excellent Income! Professionally Managed! 2,280 sf on 7,128 sf of land. Build an ADU! Rear of parcel allows for an additional unit/ADU. Existing 4 Units have 1 Bedroom/ 1 bath each. The are 2 freestanding units at the front of the property. The 2 Units at the rear of the property share one wall. 3 of the units are updated with laminate flooring, new tile and cabinetry as well as quartz countertops. (Reported rents are rounded to the nearest dollar. ) Long term tenant in front left unit.
Exterior Features

Architectural Style Bungalow Construction Materials Frame Direction Faces West Entry Level 1 Entry Location Ground Level w/steps Foundation Details Raised Number Of Separate Electric Meters 4 Open Parking Spaces 8 Parking Features AssignedDriveway Parking Total 8 Patio And Porch Features Rear PorchFront Porch Roof CompositionShingle View None View YN No

Interior Features

Appliances Disposal Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Heating Radiant Heating YN Yes Window Features Double Pane Windows

Property Features

Association YN No Buyer Financing Cash Cap Rate 6.07 Community Features Gated Garage YN No Gross Income 64536 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashFHA Net Operating Income 60492 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Gated CommunityKey Card Entry Senior Community YN No Sewer Other Special Listing Conditions Standard Vacancy Allowance Rate 0 Water Source Public Zoning R2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T08:24:57.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Daniel E. Rinsch of Berkshire Hathaway HomeServices California Properties (310-829-0629)