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.
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12BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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7,638SQFT
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$465$/SQFT
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.
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.