$1,399,000
1678 Roosevelt Avenue, Los Angeles 90006
4
Beds
4
Baths
2,212
Square feet
6,039
Lot Size
4
# Of Units
Listing Agent
Jonathan Jay - Bruce Jay AssociatesUp and Coming Harvard Heights (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!!!
Facts & Features
| MLS® # | 23321311 |
|---|---|
| Price | $1,399,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,212 |
| Lot Size | 6,039 |
| Year Built | 1905 |
| Type | Residential Income |
| Style | Craftsman |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 1678 Roosevelt Avenue |
|---|---|
| Area | C16 - Mid Los Angeles |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90006 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | December 27th, 2023 |
|---|---|
| Days on Market | 126 |
| Zoning | LAR2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jonathan Jay |
|---|---|
| Office | Bruce Jay Associates |