Skip To Content
    Return to Previous Page

    4581 Finley Ave

    Los Angeles, CA 90027
    • $3,550,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 21-688932
    UPDATED: 27 min ago
    $3,550,000
    • 12
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,638
      SQFT
    • $465
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Description

    *CALL FOR OFFERS DEADLINE ON TUESDAY FEB 16TH AT 5PM* We are pleased to present 4581 Finley Ave - a 10 unit multifamily investment opportunity located in prime Los Feliz being sold as part of a 3 building portfolio. This wood frame stucco building consists of 7,638 SF of living area and is situated on a 8,101 SF lot. This property features: Three (3) Two Bedroom / One Bath units, Six (6) One Bedroom / One Bath units and One (1) Studio unit. All units are individually metered for both gas and electricity. Further, the property provides 7 parking spaces for the tenants, 6 of which are secured, and an on-site laundry room that provides additional income. This trophy asset has been meticulously cared for by the current owner who takes great pride in his buildings and workmanship. A majority of the units have hardwood/laminate flooring, through-the-wall or 2-zone minisplit A/C systems, Bosch dishwashers, and granite countertops. Additionally, the plumbing was all redone with copper piping, the seismic retrofit was recently completed, and one (2 Bed+1 Bath) unit will be delivered vacant. As a bonus, the tenant reimbursement for the seismic retrofit is pending and can be looked at as potential additional income when approved by the city. This sale presents an incredible opportunity for a new owner/investor to own 3 properties that are all on the same street.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T21:42:22.457. 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/113955714
    Print Image

    4581 Finley Ave Los Angeles, CA 90027

    • Price: $3,550,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 21-688932
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    7,638
    SQFT
    $465
    $/SQFT
    1957
    Built
    Neighborhood:
    Los Feliz
    County:
    Los Angeles
    Area:
    Los Feliz
    Property Description
    *CALL FOR OFFERS DEADLINE ON TUESDAY FEB 16TH AT 5PM* We are pleased to present 4581 Finley Ave - a 10 unit multifamily investment opportunity located in prime Los Feliz being sold as part of a 3 building portfolio. This wood frame stucco building consists of 7,638 SF of living area and is situated on a 8,101 SF lot. This property features: Three (3) Two Bedroom / One Bath units, Six (6) One Bedroom / One Bath units and One (1) Studio unit. All units are individually metered for both gas and electricity. Further, the property provides 7 parking spaces for the tenants, 6 of which are secured, and an on-site laundry room that provides additional income. This trophy asset has been meticulously cared for by the current owner who takes great pride in his buildings and workmanship. A majority of the units have hardwood/laminate flooring, through-the-wall or 2-zone minisplit A/C systems, Bosch dishwashers, and granite countertops. Additionally, the plumbing was all redone with copper piping, the seismic retrofit was recently completed, and one (2 Bed+1 Bath) unit will be delivered vacant. As a bonus, the tenant reimbursement for the seismic retrofit is pending and can be looked at as potential additional income when approved by the city. This sale presents an incredible opportunity for a new owner/investor to own 3 properties that are all on the same street.
    Exterior Features

    Covered Parking 6 Lot Size Area 8102 Other Structures None Parking Garage Driveway - PaversGated Total Parking 7

    Interior Features

    Baths Total 10.00 Cooling Wall Unit(S)Central Equipment DishwasherWasherDryer Flooring Wood Heating Wall GasWall Electric Laundry Community Laundry Equipment Lease

    Property Features

    Assessed Total Value 231274 Gross Income 209892 Gross Operating Income 203620 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 129755.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 73866 Type Of Units Studio12 Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Adrian Stepien DRE#01979555 of Keller Williams Silicon Beach.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T21:42:22.457. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-688932-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-688932-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-688932-2.jpg
    Logo
    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583