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    4603 Finley Ave

    Los Angeles, CA 90027
    • $2,675,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 21-688976
    UPDATED: 70 min ago
    $2,675,000
    • 10
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,354
      SQFT
    • $421
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    *CALL FOR OFFERS DEADLINE ON TUESDAY FEB 16TH AT 5PM* We are pleased to present 4603 Finley Ave - a seven (7) 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 6,354 SF of living area and is situated on a 8,101 SF lot. This property features: Three (3) Two Bedroom / One Bath units and Four (4) One Bedroom / One Bath units. All units are individually metered for both gas and electricity. Further, the property provides five (5) tandem parking spaces for the tenants, an on-site laundry room that provides additional income, a charming courtyard, and secured entry with an intercom system. This trophy asset has been meticulously cared for by the current owner who takes great pride in his buildings and workmanship. Most units have hardwood/laminate flooring, through-the-wall or 2-zone/3-zone minisplit A/C systems, and Bosch dishwashers. Additionally, the plumbing was all redone with copper piping, the seismic retrofit plans have been completed, and the building is achieving 100% rent collection. This sale presents an incredible opportunity for a new owner/investor to own 3 properties that are all on the same street in the highly sought after Los Feliz Neighborhood, where properties rarely trade hands.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T16:42:40.957. 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.lydiagable.com/homes/113955715
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    4603 Finley Ave Los Angeles, CA 90027

    • Price: $2,675,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 21-688976
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    6,354
    SQFT
    $421
    $/SQFT
    1955
    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 4603 Finley Ave - a seven (7) 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 6,354 SF of living area and is situated on a 8,101 SF lot. This property features: Three (3) Two Bedroom / One Bath units and Four (4) One Bedroom / One Bath units. All units are individually metered for both gas and electricity. Further, the property provides five (5) tandem parking spaces for the tenants, an on-site laundry room that provides additional income, a charming courtyard, and secured entry with an intercom system. This trophy asset has been meticulously cared for by the current owner who takes great pride in his buildings and workmanship. Most units have hardwood/laminate flooring, through-the-wall or 2-zone/3-zone minisplit A/C systems, and Bosch dishwashers. Additionally, the plumbing was all redone with copper piping, the seismic retrofit plans have been completed, and the building is achieving 100% rent collection. This sale presents an incredible opportunity for a new owner/investor to own 3 properties that are all on the same street in the highly sought after Los Feliz Neighborhood, where properties rarely trade hands.
    Exterior Features

    Lot Size Area 8101 Other Structures None Parking Garage TandemGarage Patio Features Enclosed Total Parking 10

    Interior Features

    Baths Total 7.00 Cooling Wall Unit(S)Central Equipment DishwasherDryerWasher Flooring Wood Heating Wall GasWall Electric Laundry Community Laundry Equipment Own

    Property Features

    Assessed Total Value 1471864 Gross Income 166704 Gross Operating Income 161728 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 100860.00 Number Of Buildings 1 Number Of Units 7 Sale Type Standard Security Features Card/Code AccessGated Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 60868 Type Of Units 1&2 Bedrooms 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 2021-02-28T16:42:40.957. 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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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377