4567 Alumni Ave, Los Angeles, CA 90041

-- beds-- baths4,034 sqft Edit

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Zestimate®: $1,379,341
Rent Zestimate®: $3,604/mo
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My Notes

Edit
4567 Alumni Ave is a pride of ownership 2-unit apartment building situated within walking distance to Occidental College. The property has been long operated as student housing since 1991 with steady supply of renters. With upgraded units and strong occupancy history, this offering presents a rare opportunity for investor to acquire a well located apartment within walking distance to Occidental College. The typical leases are 1 year lease.\r\n\r\nThe building sits on a 7,497 square foot lot, and is located very close to the Glendale freeway (FWY 2) and Ventura freeway (FWY 134). The back unit was of newer construction and was built in 1990. The apartment is a pride of ownership property with no known deferred maintenance. \r\n\r\nEach unit has been upgraded, with double pane windows throughout. Each unit has washers and dryers available, central A/C, tiled bathroom, and garage spaces. The main unit has private balcony. \r\n\r\nThe property is located in the heart of Eagle Rock near Downtown L.A., Pasadena, and Glendale. Eagle Rock is an artistic, eclectic, and exciting neighborhood that is home to the famed Occidental College. Brokered And Advertised By: Lee & Associates Investment Se Listing Agent: Handoko Chen  More Less 

Facts

  • Single Family
  • Built in 1923
  • Views: 332 all time views

Features

  • Parking: 5 spaces

      Other

      • Floor size: 4,034 sqft
      • Zillow Home ID: 2111199140

      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

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      $1,379,341
      +$34,905 Last 30 days
      $1.17M
      $1.54M
      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
      $3,604/mo
      -$7 Last 30 days
      $2.4K
      $5.7K
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      $XXX,XXX
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      Improve This Home's Value

      The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

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      Mid-Range Minor Kitchen Remodel

      • Mid-Range Minor Kitchen Remodel

      • + 40.3K VALUE
      • Project cost: $22,955
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      Mid-Range Bathroom Remodel

      Deck Addition

      Popularity on Zillow

      If this home is listed on Zillow, it will reach the largest real estate network on the web.*
      332 all-time views
      of this home (chart)
      124 forecasted views of this home
      in the first 7 days after listing for sale

      Comparable Homes

      Homes like this sold for $719K-1.6M.

      $630K
      $1.69M

      Mortgages

      Neighborhood: Eagle Rock

      Zillow predicts Eagle Rock home values will rise 6.9% next year, compared to a 7% increase for Los Angeles as a whole. Among Eagle Rock homes, this home is valued 114.2% more than the midpoint (median) home, but is valued 26.8% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Eagle Rock, the number of foreclosures waiting to be sold is 48.6% lower than in Los Angeles, and 65.7% lower than the national average. This lower local number could help Eagle Rock home values rise more quickly than other regions in Los Angeles.
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      Nearby

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        Rentals

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        Other Units in this Building (1)ZestimateBedsBathsSqft
        N/A$1.26M964,034

        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