1060 N Avenue 50, Los Angeles (City)

$1,900,000

0 Beds
0 Baths
2,628 Sqft
5,746 Lot Sqft
0 Garages

We are pleased to present for sale a rare opportunity to purchase a 7 unit multi-family asset in one of LA's hottest rental markets North Highland Park! 5 out 7 units have been extensively renovated and are comprised of (7) spacious studios. There have been substantial upgrades to the exterior AND interior units including new windows/doors, an electric panel, individual sub panels, electrical upgrades, new copper plumbing, new flooring, mini-split HVAC units, kitchen cabinets, designer countertops, new stainless steel appliances, bathroom vanities and tile, and in-unit laundry! Seller has plans being submitted to the city to convert two single car garage spaces into an additional 1 Bedroom & 1 Bathroom ADU. The property also offers tenants a large patio space for tenants to enjoy! Past appraisal records indicate gross living area of 2,628 SF while tax assessor shows 2,494 SF, buyer to verify and conduct their own due diligence pertaining to size of structure. EMAIL LISTING AGENT FOR OFFERING MEMORANDUM AND ALL DETAILS!

Essential Information
MLS® #21712454
Price$1,900,000
Bathrooms0.00
Square Footage2,628
Lot Sqft5,746
Acres0.13
Year Built1947
TypeResidential Income
StatusActive
No of Units8
Community Information
Address1060 N Avenue 50
AreaHighland Park (632)
CityLos Angeles (City)
CountyLos Angeles
StateCA
Zip Code90042
Interior
AppliancesRefrigerator, Microwave
# of Stories2
Additional Information
Date ListedMarch 30th, 2021
Days on Market13
ZoningLAR1
Listing Details
AgentEric Dilanian(01951699)
Office

Remax Commercial and Investment Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of April 13th, 2021 at 12:51pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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