$925,000

3529 Ferncroft Road, Atwater Village, CA 90039

2,789

Lot Size

2

# Of Units

Listing Agent
Mark Velasco - Sharpstone Realty, Inc.

CASH COW!!! $66,000 Gross Rents, ($52,104 NOI) and 5.63 CAP in Atwater Village!! HIGH RENTAL DEMAND AREA!! Newly remodeled units (top and bottom) with that beautiful farmhouse motif. Yard is big enough for a potential ADU addition. Each unit is 2 beds and 1 bath (approx 550 sq ft each) with an open floor plan (Title shows 1 Bed+1 Bath each). Upstairs tenant has been there for years and is current on rent ($2,550). Lower unit was being used by owner and will be delivered vacant upon purchase (can be rented for up to $3,000/mo). Upstairs has an exclusive patio and lower unit has its own dedicated patio. This property is minutes from the local eateries and shopping of Silver Lake, DTLA, Glendale and Glassel Park. Hikers, we are also minutes from Griffith Park: Area Walk score is 80 VERY Walkable. Convenient washer & dryer located near the downstairs patio and storage located in the back of the property. Great ROI as a rental.

Facts & Features

MLS® # DW22002760
Price $925,000
Bathrooms 0.00
Lot Size 2,789
Year Built 1948
Type Residential Income
Status Pending
# Of Units 2

Community Information

Address 3529 Ferncroft Road
Area 606 - Atwater
City Atwater Village
County Los Angeles
State CA
Zip Code 90039

Amenities

Parking Spaces 2
View Neighborhood
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Dryer, Washer
Heating Electric
Cooling Electric
Has Basement No
Fireplace No
Stories Two

Exterior

Lot Description Back Yard

Additional Information

Date Listed January 6th, 2022
Days on Market 8
Zoning LAR1
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentMark Velasco
OfficeSharpstone Realty, Inc.

Listing Map

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