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5847 Denver Avenue

Los Angeles (City), CA 90044
  • $899,900
  • STATUS: Active Under Contract
  • ON SITE: 26 Days
  • ID#: PT24252328
Under Contract
UPDATED: 28 min ago
$899,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Varinder Kumar of Coldwell Banker West (619-271-9500)


Description

5847 Denver is a well-maintained 4-unit apartment complex located in Los Angeles. The property features four spacious two-bedroom, one-bath units, each with in-unit washers and dryers for tenant convenience. Situated on a 5,198 square foot lot, the building is low maintenance and generates steady cash flow, with tenants paying all utilities except for water. There are plans available to add two additional units, offering significant value-add potential for investors. The property offers excellent potential for upgrades and value-add opportunities, with plans available to add two additional units. The well-maintained units provide stable income, making this an ideal investment for buyers seeking long-term growth in a desirable neighborhoodThis is a great opportunity for first-time buyers, or experienced investors looking for a property that provides stable income and long-term growth potential. Properties in this desirable neighborhood rarely come to market, making this an excellent chance to acquire a high-performing asset. Dont miss out!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T15:33:08.097. 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/158957656
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5847 Denver Avenue Los Angeles (City), CA 90044

  • Price: $899,900
  • Status: Active Under Contract
  • On Site: 26 Days
  • Updated: 28 min ago
  • ID#: PT24252328
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1964
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
5847 Denver is a well-maintained 4-unit apartment complex located in Los Angeles. The property features four spacious two-bedroom, one-bath units, each with in-unit washers and dryers for tenant convenience. Situated on a 5,198 square foot lot, the building is low maintenance and generates steady cash flow, with tenants paying all utilities except for water. There are plans available to add two additional units, offering significant value-add potential for investors. The property offers excellent potential for upgrades and value-add opportunities, with plans available to add two additional units. The well-maintained units provide stable income, making this an ideal investment for buyers seeking long-term growth in a desirable neighborhoodThis is a great opportunity for first-time buyers, or experienced investors looking for a property that provides stable income and long-term growth potential. Properties in this desirable neighborhood rarely come to market, making this an excellent chance to acquire a high-performing asset. Dont miss out!
Exterior Features

Entry Level 1 Entry Location first floor Lot Features Front Yard Number Of Separate Electric Meters 5 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 0 Exclusions appliances Fuel Expense 0 Garage YN No Gross Income 59124 Gross Scheduled Income 59124 Insurance Expense 2054 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 40164 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4927 Trash Expense 0 Utilities Electricity AvailableNatural Gas Available Water Sewer Expense 4500 Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T15:33:08.097. 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): Varinder Kumar of Coldwell Banker West (619-271-9500)