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    521 N Avenue 50

    Los Angeles, CA 90042
    • $1,275,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: SR21027363
    UPDATED: 77 min ago
    $1,275,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,724
      SQFT
    • $468
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Turnkey move-in-ready investment opportunity in Highland Park! Come see this contemporary and remodeled 3 unit multifamily property, just down the street from the highly desirable York Blvd area with hip restaurants, trendy coffee shops, and much more. The main house features two modern units (one on the first floor and one on the second floor) with wood laminate floors, beautiful beamed ceilings on the first floor, chefs kitchens, spacious living areas, and great sized bedrooms. The third unit is a detached 2 bed/1 bath with a beautiful kitchen with mosaic tile backsplash, stone counters, and an updated bathroom. Perfect to live in one and rent out the other two or rent out all three for a steady stream on passive income. All units are separately metered, have laundry hooks and there is a newly stamped parking area with plenty of space for residents. With the potential to add more units (buyer to verify) and less than a mile from the Highland Park Gold Line for easy access anywhere, you wont want to miss this one!

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    Based on information from CRISNet MLS as of 2021-03-04T12:56:30.263. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-03-04T12:56:30.263. 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/114090925
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    521 N Avenue 50 Los Angeles, CA 90042

    • Price: $1,275,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: SR21027363
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,724
    SQFT
    $468
    $/SQFT
    1923
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    Turnkey move-in-ready investment opportunity in Highland Park! Come see this contemporary and remodeled 3 unit multifamily property, just down the street from the highly desirable York Blvd area with hip restaurants, trendy coffee shops, and much more. The main house features two modern units (one on the first floor and one on the second floor) with wood laminate floors, beautiful beamed ceilings on the first floor, chefs kitchens, spacious living areas, and great sized bedrooms. The third unit is a detached 2 bed/1 bath with a beautiful kitchen with mosaic tile backsplash, stone counters, and an updated bathroom. Perfect to live in one and rent out the other two or rent out all three for a steady stream on passive income. All units are separately metered, have laundry hooks and there is a newly stamped parking area with plenty of space for residents. With the potential to add more units (buyer to verify) and less than a mile from the Highland Park Gold Line for easy access anywhere, you wont want to miss this one!
    Exterior Features

    Levels Two Lot Features Front Yard Lot Size Area 6839.0000 Parking Total 0.00 View Neighborhood View YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Heating CentralSee Remarks Heating YN Yes Interior Features Granite CountersRecessed Lighting Laundry Features Gas Dryer HookupInsideStackableWasher Hookup Laundry YN Yes Room Type KitchenLiving RoomMain Floor Bedroom Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Community Features SidewalksStreet Lights Gross Income 99000.00 Gross Scheduled Income 99000.00 Insurance Expense 1500.00 Land Lease YN No Net Operating Income 94500.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 4500.00 Pool Features None Pool Private YN No Property Attached YN No Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Total Expenses 4500.00 Trash Expense 0.00 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Sewer Expense 3000.00 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Eric Delgado, CA DRE# 01831579, of Keller Williams Encino-Sherman Oaks.


    Based on information from CRISNet MLS as of 2021-03-04T12:56:30.263. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-03-04T12:56:30.263. 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