1521 Meadowbrook Ave, Los Angeles, CA 90019

2,356 sqft
Off Market
Zestimate®: $643,390
Rent Zestimate®: $2,838/mo
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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  MoreLess
 
Facts
  • Single Family
  • Built in 1925
Features
  • Wired
    Other
    • Floor size: 2,356 sqft
    • Zillow Home ID: 2113416927
    Home Values
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    $643,390
    +$10,399 Last 30 daysd
    $573K
    $708K
    Zestimate range
    Rent Zestimate What's this?
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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

    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
    $2,838/mo
    +$84 Last 30 daysd
    $2.1K
    $4.3K
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    Neighborhood for 1521 Meadowbrook Avenue

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    Zillow predicts Mid City home values will rise 7% next year, compared to a 5.9% rise for Los Angeles as a whole. Among Mid City homes, this home is valued 7.3% less than the midpoint (median) home, and is valued 37.7% 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 shrank 26.2% in the last year. The number of unsold foreclosures is 17% less than in Los Angeles, and 41.8% less than the national average. This lower local number could help Mid City home values rise more quickly than 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$827K542,356

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      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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