Skip To Content

    1060 N Avenue 50

    Los Angeles (City), CA 90042
    • $1,825,000
    • STATUS: Active
    • ON SITE: 181 days
    • ID#: 21712454
    UPDATED: 43 min ago
    $1,825,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,628
      SQFT
    • $694
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    ** Price Reduced by $75,000 - APPROVED ADU PLANS ** We are pleased to present for sale a rare opportunity to purchase a 7 unit multi-family asset in one of LA's hottest rental markets North Highland Park! 5 out 7 units have been extensively renovated and are comprised of (7) spacious studios. There have been substantial upgrades to the exterior AND interior units including new windows/doors, an electric panel, individual sub panels, electrical upgrades, new copper plumbing, new flooring, mini-split HVAC units, kitchen cabinets, designer countertops, new stainless steel appliances, bathroom vanities and tile, and in-unit laundry! Seller has APPROVED PLANS to convert two single car garage spaces into an additional 1 Bedroom & 1 Bathroom ADU. The property also offers tenants a large patio space for tenants to enjoy! Past appraisal records indicate gross living area of 2,628 SF while tax assessor shows 2,494 SF, buyer to verify and conduct their own due diligence pertaining to size of structure. EMAIL LISTING AGENT FOR OM!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T12:24:59.91. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
    www.thenajargroup.com/homes/115605628
    Print Image

    1060 N Avenue 50 Los Angeles (City), CA 90042

    • Price: $1,825,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 21712454
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,628
    SQFT
    $694
    $/SQFT
    1947
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    ** Price Reduced by $75,000 - APPROVED ADU PLANS ** We are pleased to present for sale a rare opportunity to purchase a 7 unit multi-family asset in one of LA's hottest rental markets North Highland Park! 5 out 7 units have been extensively renovated and are comprised of (7) spacious studios. There have been substantial upgrades to the exterior AND interior units including new windows/doors, an electric panel, individual sub panels, electrical upgrades, new copper plumbing, new flooring, mini-split HVAC units, kitchen cabinets, designer countertops, new stainless steel appliances, bathroom vanities and tile, and in-unit laundry! Seller has APPROVED PLANS to convert two single car garage spaces into an additional 1 Bedroom & 1 Bathroom ADU. The property also offers tenants a large patio space for tenants to enjoy! Past appraisal records indicate gross living area of 2,628 SF while tax assessor shows 2,494 SF, buyer to verify and conduct their own due diligence pertaining to size of structure. EMAIL LISTING AGENT FOR OM!
    Exterior Features

    Parking Features Garage

    Interior Features

    Appliances MicrowaveRefrigerator

    Property Features

    Garage YN Yes Gross Income 118224 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 80496 Senior Community YN No Special Listing Conditions Standard Zoning Lar1

    Listing provided courtesy of Eric Dilanian of Remax Commercial And Investment Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T12:24:59.91. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365326285-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365326285-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365326285-1.jpg
    Logo
    The Najar Group | Keller Williams Realty
    1014 Broadway Ste C
    El Cajon CA, 92021