Description
4434 Lowell Ave (the "Property") is a quaint six-unit apartment building set along a tree lined street in Northeast Los Angeles. The property is surrounded primarily by single family homes creating a peaceful low-density residential neighborhood environment for renters. The property is comprised entirely of spacious two-bedroom one-bath units which have been meticulously renovated by the current ownership. Some of the in-unit upgrades include hardwood floors, recessed lighting, granite or quartz countertops, new cabinets, stainless steel appliances, and shower area floor to ceiling tiles. A new owner can capitalize on approximately 25% of additional net operating income as units turn. The property is just minutes from the heart of South Pasadena one of Los Angeles's most desired rental locations and affluent neighborhoods. Renters have swift access to Highland Park, one of the region's trendiest neighborhoods with endless dining and nightlife options only a ten-minute drive away. Renters benefit from a short commute to the California Institute of Technology, Cal State LA, and nearby employment hubs of Downtown L.A. and Pasadena.
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12BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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5,044SQFT
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$322$/SQFT
School Ratings & Info
Description
4434 Lowell Ave (the "Property") is a quaint six-unit apartment building set along a tree lined street in Northeast Los Angeles. The property is surrounded primarily by single family homes creating a peaceful low-density residential neighborhood environment for renters. The property is comprised entirely of spacious two-bedroom one-bath units which have been meticulously renovated by the current ownership. Some of the in-unit upgrades include hardwood floors, recessed lighting, granite or quartz countertops, new cabinets, stainless steel appliances, and shower area floor to ceiling tiles. A new owner can capitalize on approximately 25% of additional net operating income as units turn. The property is just minutes from the heart of South Pasadena one of Los Angeles's most desired rental locations and affluent neighborhoods. Renters have swift access to Highland Park, one of the region's trendiest neighborhoods with endless dining and nightlife options only a ten-minute drive away. Renters benefit from a short commute to the California Institute of Technology, Cal State LA, and nearby employment hubs of Downtown L.A. and Pasadena.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-08T10:42:33.14. 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.