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834 Laguna Ave

Los Angeles, CA 90026
  • $1,349,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • MLS #: 21-790348
Under Contract
UPDATED: 30 min ago
$1,349,000
  • 2
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,520
    SQFT
  • $888
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Echo Park Four Units With Consistent Market Rent Income! High Demand Studios and One Bedrooms with views from the Upper units. Two duplexes on one lot pearched at the top of the property offering privacy for its tenants. Rarely a vacancy, with three of the four units offering private outdoor space. Remodeled kitchens and baths with updated plumbing, hardwood floors and modern countertops. Great first time investment property or 1031 exchange upleg for the seasoned investor seeking a good return on investment. Great location with all that Echo Park has to offer. Tenants all current on rent. Laundry on Premises. Apartments are unfurnished and furnished photos shown in listing are for reference/archival. Interior inspection of units with accepted offer. Please do not disturb tenants or walk on property.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-20T21:42:38.76. 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.searchdesertrealestate.com/homes/121984670
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834 Laguna Ave Los Angeles, CA 90026

  • Price: $1,349,000
  • Status: Active Under Contract
  • Updated: 30 min ago
  • MLS #: 21-790348
2
Beds
0
Baths
0
½ Baths
0.09
Acres
1,520
SQFT
$888
$/SQFT
1925
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
Property Description
Echo Park Four Units With Consistent Market Rent Income! High Demand Studios and One Bedrooms with views from the Upper units. Two duplexes on one lot pearched at the top of the property offering privacy for its tenants. Rarely a vacancy, with three of the four units offering private outdoor space. Remodeled kitchens and baths with updated plumbing, hardwood floors and modern countertops. Great first time investment property or 1031 exchange upleg for the seasoned investor seeking a good return on investment. Great location with all that Echo Park has to offer. Tenants all current on rent. Laundry on Premises. Apartments are unfurnished and furnished photos shown in listing are for reference/archival. Interior inspection of units with accepted offer. Please do not disturb tenants or walk on property.
Exterior Features

Lot Size Area 4034 Other Structures None Parking Garage None Pool Description None Pool YN No Roof Flat Style Spanish Colonial Total Parking 0 View Description CityLake View YN Yes

Interior Features

Bathroom Features RemodeledLow Flow Toilet(S)Shower Over Tub Baths Total 4.00 Cooking Appliances Free Standing Gas Cooling Window Unit(S) Equipment Ceiling FanRange/OvenRefrigerator Flooring Wood Heating Wall Kitchen Features Remodeled Laundry Community Laundry Equipment Own Water Heater Features Gas

Property Features

Alley YN No Assessed Total Value 624333 Disability Access None Gross Income 96300 Gross Operating Income 94374 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 65484.00 Number Of Buildings 2 Number Of Units 4 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Card/Code Access Sewer In Connected And Paid Source Living Area Assessor Source Lot Size Area Vendor Enhanced Tenant Pays Trash CollectionGasElectricity Total Annual Expense 28890 Type Of Units Garden/View Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard2

Listing provided courtesy of Iric Fishbein DRE#01976501 of Exp Realty Of California Inc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-20T21:42:38.76. 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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