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    1980 Chickasaw Avenue

    Los Angeles (City), CA 90041
    • $3,000,000
    • STATUS: Active
    • ON SITE: 195 days
    • ID#: 20642704
    Price Reduced
    $3,000,000
    • 0
      BEDS
    • 2.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,205
      SQFT
    • $416
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    ** $400,000 PRICE REDUCTION ** 3 OUT Of 9 DELIVERED VACANT | 11.95 GRM & 5.41% Cap Rate | We are pleased to present for sale Eagle Rock 9, a once in a life-time opportunity to acquire, arguably, the most unique multi-family investment centered in the heart of Eagle Rock, one of LA's most prized and eclectic sub-markets. The Eagle Rock 9 sits on over 2 Acres of land and is comprised of a total of 9 Units, 3 of which will be DELIVERED VACANT for immediate renovation and upside. The 9 units are spread over the sprawling land with a garden and pool for tenants to enjoy as well as plenty of parking availability. Sitting atop a high point in Eagle Rock the 4 Bedroom & 2 Bathroom VACANT house offers impeccable views, patio space, and a tranquil place to call home. This opportunity presents itself to an astute investor looking to renovate and add value to the units currently operating below market level OR an opportunity for future development considering a total land size of over 2 acres - buyer to verify.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/110740868
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    1980 Chickasaw Avenue Los Angeles (City), CA 90041

    • Price: $3,000,000
    • Status: Active
    • ID#: 20642704
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.04
    Acres
    7,205
    SQFT
    $416
    $/SQFT
    1969
    Built
    Neighborhood:
    618 - Eagle Rock
    County:
    Los Angeles
    Area:
    618 - Eagle Rock
    Property Description
    ** $400,000 PRICE REDUCTION ** 3 OUT Of 9 DELIVERED VACANT | 11.95 GRM & 5.41% Cap Rate | We are pleased to present for sale Eagle Rock 9, a once in a life-time opportunity to acquire, arguably, the most unique multi-family investment centered in the heart of Eagle Rock, one of LA's most prized and eclectic sub-markets. The Eagle Rock 9 sits on over 2 Acres of land and is comprised of a total of 9 Units, 3 of which will be DELIVERED VACANT for immediate renovation and upside. The 9 units are spread over the sprawling land with a garden and pool for tenants to enjoy as well as plenty of parking availability. Sitting atop a high point in Eagle Rock the 4 Bedroom & 2 Bathroom VACANT house offers impeccable views, patio space, and a tranquil place to call home. This opportunity presents itself to an astute investor looking to renovate and add value to the units currently operating below market level OR an opportunity for future development considering a total land size of over 2 acres - buyer to verify.
    Exterior Features

    Carport YN Yes Parking Features Carport Pool Features Community Pool Private YN No View City LightsHills View YN Yes

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN Yes Community Features Pool Gross Income 251004 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 162163 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lar1

    Listing provided courtesy of Eric Dilanian of Remax Commercial And Investment Realty and Enrique Viramontes of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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    Temecula CA, 92592