1521 Meadowbrook Ave, Los Angeles, CA 90019

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Zestimate: $622,616 (get updates)
 
 
 

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Rent Zestimate: $2,632/mo

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Description
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  MoreLess
    • CoolingUnknown
    • ParkingUnknown
    • Basement TypeUnknown
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    • Floor CoveringUnknown
    • AtticUnknown
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$622,616
-$3,547 Last 30 daysd
$591K
$672K
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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

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$2,632/mo
+$9 Last 30 daysd
$1.8K
$3.9K
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Neighborhood for 1521 Meadowbrook Avenue

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Among Mid City homes, this home is valued 5.2% less than the midpoint (median) home, and is valued 35% less per square foot. Foreclosures will be a factor impacting home values in the next several years. In the Mid City market, the number of foreclosures waiting to be sold decreased 36.1% in the last year. The number of unsold foreclosures is 19.8% greater than in Los Angeles, and 16% less 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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     Other Units in this Building (1)ZestimateBedsBathsSqft
    • N/A$748K54.02,356

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    Premier Agents specialize in this area and can get you a market value for this home and answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292

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