The Best Mulitfamily listing in Trendy Eagle Rock, Los Angeles.

Green World Realty is proud to present this lovely 4 unit complex in the highly sought after area of NELA known as Eagle Rock located within a short distance from the best Eagle Rock has to offer. Built in 1929 the property boasts 2 one (1) bedroom and one (1) bathroom units and 2 two (2) bedroom and one (1) bathroom units and is delivered fully occupied. Property has a 4 car covered garage with storage and laundry area located at the rear of the property. The Gross Income provided by the property is $5313* per month and has very little maintenance with its minimal front yard landscaping. The roof was redone in 2014 and the exterior stucco was redone in 2009. Ideal for an owner to occupy 1 unit and collect rental income from the rest. There is great potential to increase rents to capitalize on improvements to the units and re-tenant the property. Centrally located in the area known as (NELA) NORTH EAST LOS ANGELES, this property is well positioned in a high density residential area with a high demand for rental properties. The property is conveniently located near trendy restaurants, taverns, shops, Trader Joes, Swork Coffee, Max City BBQ, Occidental College and the Yosemite Recreation Center. Easy Access to Downtown LA, Pasadena, Glendale.
High Rental Demand
Close to Occidental College
Community Laundry onsite
Individual Gas and Electric Meters
Roof Remodel in 2014
4 Car Garage
Walk Score of 76, Very Walkable
New Exterior Stucco 2009
MLS: 318001661
Sq Ft: 3232
Yr Built: 1929
Bdrms: 6
Baths: 4
Asking: $1,349,000
Address: 1980 Addison Way
Eagle Rock, CA
90041
 
Haik Alexanians
Green World Realty
8183178300
[email protected]
www.greenworldrealtors.com
Lic#: 01842067