$1,275,000

521 N Avenue 50, Los Angeles, CA

0.16

Acres

**Subject to cancellation of previous escrow** Turnkey move-in-ready investment opportunity in Highland Park! Come see this contemporary and remodeled 3 unit multifamily property, just down the street from the highly desirable York Blvd area with hip restaurants, trendy coffee shops, and much more. The main house features two modern units (one on the first floor and one on the second floor) with wood laminate floors, beautiful beamed ceilings on the first floor, chef’s kitchens, spacious living areas, and great sized bedrooms. The third unit is a detached 2 bed/1 bath with a beautiful kitchen with mosaic tile backsplash, stone counters, and an updated bathroom. Perfect to live in one and rent out the other two or rent out all three for a steady stream on passive income. All units are separately metered, have laundry hooks and there is a newly stamped parking area with plenty of space for residents. With the potential to add more units (buyer to verify) and less than a mile from the Highland Park Gold Line for easy access anywhere, you won’t want to miss this one!

Facts & Features

MLS® # SR21090722
Price $1,275,000
Bathrooms 0.00
Acres 0.16
Year Built 1923
Type Residential Income
Sub-Type Triplex
Status Pending

Community Information

Address 521 N Avenue 50
Area 632 - Highland Park
City Los Angeles
County Los Angeles
State CA
Zip Code 90042

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Neighborhood
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Wood
Interior Features Granite Counters, Recessed Lighting, Bedroom on Main Level
Appliances Dishwasher
Heating Central, See Remarks
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 2
Stories Two

Exterior

Lot Description Front Yard
Windows Double Pane Windows

Additional Information

Date Listed April 29th, 2021
Days on Market 7
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentEric Delgado
OfficeKeller Williams Encino-Sherman Oaks

Listing Map

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