4432 Wesley Avenue, Los Angeles, CA 90037 - MLS#DW25075677

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,599,900

Est. payment - /mo

8 Beds

4 Baths

7,832 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25075677

Bedrooms 8

HOA Y/N No

Lot Size 7,832 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Great Investment Opportunity......fantastic income producing property. This well kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath). All remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 4 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for a new buyer with these long term tenants. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.
Great Investment Opportunity......fantastic income producing property. This well kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath). All remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 4 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for a new buyer with these long term tenants. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

Location

State CA

County Los Angeles

Area Los Angeles (90037)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $125

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,488

Listing Terms Cash, Conventional, Exchange

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Listed by Jose Leon • Pak Home Realty

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

4432 Wesley Avenue Los Angeles, CA 90037

Arash Rokni

Key Details

Location

Interior

Building

Others

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