For sale
  • Price increase: $57K (7/29)
    $1,245,000

    1678 Roosevelt Ave, Los Angeles, CA 90006

    4beds
    4baths
    2,212sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $1,091,900 Zestimate®
    $563/sqft
    $-- HOA

    What's special

    Grand curbside appeal
    GRAND CURBSIDE APPEAL - ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR A LONG-STANDING REAL ESTATE PORTFOLIO HOLDING! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
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