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    1866 N Avenue 56

    Los Angeles, CA 90042
    • $1,595,000
    • STATUS: Pending
    • ON SITE: 10 days
    • ID#: 21-720818
    Pending
    $1,595,000
    • 5
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,565
      SQFT
    • $622
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    This recently remodeled triplex in prime Highland Park will be delivered fully occupied at market rents with a total income of $9,296 per month. Located just north of York, the property is nestled at the end of a hilltop cul-de-sac on over 1/4 of an acre and feels like it's own a private compound with stunning treetop views. There are two separate buildings, one consisting of first floor 1 bedroom unit and an upper 3 bedroom 2 bath with multiple decks and a detached 1 bedroom near the rear of the property along with two separate garage spaces with room for expansion. This property is perfect for someone just starting their real estate portfolio or a seasoned investor.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-07T23:42:31.94. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/116519861
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    1866 N Avenue 56 Los Angeles, CA 90042

    • Price: $1,595,000
    • Status: Pending
    • ID#: 21-720818
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    2,565
    SQFT
    $622
    $/SQFT
    1921
    Built
    Neighborhood:
    Highland Park
    County:
    Los Angeles
    Area:
    Highland Park
    Property Description
    This recently remodeled triplex in prime Highland Park will be delivered fully occupied at market rents with a total income of $9,296 per month. Located just north of York, the property is nestled at the end of a hilltop cul-de-sac on over 1/4 of an acre and feels like it's own a private compound with stunning treetop views. There are two separate buildings, one consisting of first floor 1 bedroom unit and an upper 3 bedroom 2 bath with multiple decks and a detached 1 bedroom near the rear of the property along with two separate garage spaces with room for expansion. This property is perfect for someone just starting their real estate portfolio or a seasoned investor.
    Exterior Features

    Lot Size Area 11999 Other Structures Other Parking Garage DrivewayGarage Is Detached Total Parking 5

    Interior Features

    Baths Total 4.00 Cooling Air ConditioningCentral Equipment DishwasherGarbage DisposalRange/OvenRefrigerator Heating Central

    Property Features

    Assessed Total Value 1486140 Gross Income 111564 Gross Operating Income 111564 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 83226.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Total Annual Expense 28338 Type Of Units Leased Year Built Source Vendor Enhanced Zoning Lar1

    Listing provided courtesy of Colt Maloney DRE#01952570 of Figure 8 Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-07T23:42:31.94. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583