1521 Meadowbrook Ave, Los Angeles, CA 90019

-- beds-- baths2,356 sqft Edit

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Off Market
Zestimate®: $934,497
Rent Zestimate®: $3,475/mo
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My Notes

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HUGE PRICE DROP! 3 unit property located in a highly desirable location that is about a 5-minute drive to Beverly Hills and Hollywood and not far from LAX and downtown. The main building has 3 bedrooms and 2 bathrooms and currently houses the seller. The 2nd bathroom was added (with a jacuzzi) into the master bedroom about 4 years ago. The building in the back was built in 2006 and has 2 units. Both units are upstairs and have 1 bedroom and 1 bathroom each. One unit just got remodeled after previous tenant moved out. Both are rented. There is a mother in-law room downstairs, which is currently rented for $700 but is not permitted for renting, and a laundry room. There are 4 parking spots on this unit with auto-entrance from the alley. The main house also has a driveway that can park up to 4 cars. Property is well maintained and will be ideal for an owner-occupant buyer or an investor. It has great potential for CASH FLOW! Agents and buyers to independently verify all information on this listing; some of the figures are only estimates. Listing agent is not liable for any information that turns out incorrect. (NOTE: The address of the main house is 1523, which is what you'll see from the street, while the units behind are 1521 and 1521-1/2) Brokered And Advertised By: Pacific Residential Realty, In Listing Agent: Adeyanju Ajetunmobi  More Less 

Facts

  • Single Family
  • Built in 1925
  • Views: 949 all time views

Features

  • Wired

      Other

      • Floor size: 2,356 sqft
      • Zillow Home ID: 2113416927

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $934,497
      +$8,977 Last 30 days
      $860K
      $1.02M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $3,475/mo
      -$76 Last 30 days
      $2.8K
      $5.4K
      Zestimate range

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      949 all-time views
      of this home (chart)
      582 forecasted views of this home
      in the first 7 days after listing for sale
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      Comparable Homes

      Homes like this sold for $662K-1.35M.

      $580K
      $1.43M

      Mortgages

      Neighborhood: Mid City

      Zillow predicts Mid City home values will increase 7.8% next year, compared to a 7% increase for Los Angeles as a whole. Among Mid City homes, this home is valued 38.6% more than the midpoint (median) home, but is valued 5.5% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Mid City, the number of foreclosures waiting to be sold is 2.9% higher than in Los Angeles, and 31.4% lower than the national average. This higher local number may prevent Mid City home values from rising as quickly as other regions in Los Angeles.

      Learn more about forecast calculations or Mid City home values.
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      Nearby

        For Sale

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        Rentals

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        Other Units in this Building (1)ZestimateBedsBathsSqft
        N/A$926K542,356

        Nearby Schools in Los Angeles

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        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org