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3751 Locke Ave

Los Angeles, CA 90032
  • $1,375,000
  • STATUS: Active Under Contract
  • ON SITE: 44 days
  • ID#: 21-734746
Under Contract
UPDATED: 24 min ago
$1,375,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,712
    SQFT
  • $370
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Ratings & Info

School District:

Description

Beautiful Detached Home + Huge Triplex in El Sereno north of Huntington Dr on quiet, mostly residential street! House is currently occupied by family and can be delivered vacant, one remodeled rear unit is currently vacant and easy to show! The property features an 832 SF front house with 2 Br + 1 Ba and its own entrance & front yard with fruit trees - which may be delivered vacant. The rear structure has all 2 Br + 1.5 Ba apartments of townhouse-style (2 stories each!) that area very spacious 960 SF each. One rear unit (3753 #2) is currently vacant and recently underwent extensive remodeling that includes: new flooring throughout, new appliances, new kitchen cabinets & stone countertops, new windows, and remodeled bathrooms. Other recent upgrades include a re-paved driveway + parking area and new paint on both exterior buildings. The house is in move-in condition as well. The 2 rear tenants are current on rent. Ample open parking for all units, plus all units have back doors and washer hookups in kitchen. GRM & CAP are calculated based on market rents for the units that can be delivered vacant. El Sereno is currently experiencing incredible popularity due to its affordability and proximity to expensive submarkets such as South Pasadena, Alhambra, Highland Park, etc. Call listing agent for full income, marketing package, or to schedule a tour!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-25T23:42:22.103. 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/118158642
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3751 Locke Ave Los Angeles, CA 90032

  • Price: $1,375,000
  • Status: Active Under Contract
  • Updated: 24 min ago
  • ID#: 21-734746
8
Beds
0
Baths
0
½ Baths
0.17
Acres
3,712
SQFT
$370
$/SQFT
1965
Built
Neighborhood:
El Sereno
County:
Los Angeles
Area:
El Sereno
School District:
Los Angeles Unified
Property Description
Beautiful Detached Home + Huge Triplex in El Sereno north of Huntington Dr on quiet, mostly residential street! House is currently occupied by family and can be delivered vacant, one remodeled rear unit is currently vacant and easy to show! The property features an 832 SF front house with 2 Br + 1 Ba and its own entrance & front yard with fruit trees - which may be delivered vacant. The rear structure has all 2 Br + 1.5 Ba apartments of townhouse-style (2 stories each!) that area very spacious 960 SF each. One rear unit (3753 #2) is currently vacant and recently underwent extensive remodeling that includes: new flooring throughout, new appliances, new kitchen cabinets & stone countertops, new windows, and remodeled bathrooms. Other recent upgrades include a re-paved driveway + parking area and new paint on both exterior buildings. The house is in move-in condition as well. The 2 rear tenants are current on rent. Ample open parking for all units, plus all units have back doors and washer hookups in kitchen. GRM & CAP are calculated based on market rents for the units that can be delivered vacant. El Sereno is currently experiencing incredible popularity due to its affordability and proximity to expensive submarkets such as South Pasadena, Alhambra, Highland Park, etc. Call listing agent for full income, marketing package, or to schedule a tour!
Exterior Features

Direction Faces East Exterior Construction Stucco Levels Ground LevelTwo Lot Size Area 7501 Other Structures None Parking Garage UncoveredDriveway Patio Features None Pool Description None Pool YN No Roof Composition Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 8 Water Frontage None

Interior Features

Baths Total 7.00 Cooking Appliances Oven-Gas Cooling Window Unit(S)Ceiling Fan Equipment Hood FanGarbage Disposal Fireplace Rooms None Flooring Mixed Heating Wall Gas Laundry In UnitIn Kitchen Water Heater Features Gas

Property Features

Alley YN No Gross Income 86472 Gross Operating Income 86472 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 61969.00 Number Of Buildings 2 Number Of Units 4 Owner Pays Water Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Smoke Detector Sewer In Street Source Living Area Title Company Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGasTrash Collection Total Annual Expense 24504 Type Of Units Multifamily Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard3

Listing provided courtesy of Dana Coronado DRE#01746702 of Keller Williams Realty Encino-Sherman Oa.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-25T23:42:22.103. 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