2048 Isabel Street

    Los Angeles (City), CA 90065
    • $450,000
    • STATUS: Active
    • ON SITE: 642 days
    • ID#: 18317786
    UPDATED: 60 min ago
    $450,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    DON'T MISS OUT!! OPPORTUNITY KNOCKS! This duplex in "RED-HOT" NELA might just be the best opportunity left for home ownership in this great community at an affordable price! Although currently occupied by long-term tenants- just imagine the possibility of someday converting this property into a single-family residence! Your decision to buy this amazing property at such a great value is genius!! Each unit is 1-bedroom + 1-bathroom with ~500sqft of living space. CURRENT RENTS: Unit#1=$846.25 & Unit#2=$314/month THANK YOU:) BUYER TO VERIFY ALL ASPECTS OF PROPERTY INCLUDING SQUARE FOOTAGE & BED/BATH COUNT... THANK YOU:) AND adjacent duplex also for sale at 3100 Division Street 90065... BUY THEM BOTH AND CREATE YOUR OWN REAL ESTATE EMPIRE:) NOTE: Tenants in both units have been noticed to vacate by mid-August 2020 and at COE BUYER will receive approximately $43,900 CREDIT for tenant relocation fees.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-01-17T08:26:55.94. 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 Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/82602467

    2048 Isabel Street Los Angeles (City), CA 90065

    • Price: $450,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 18317786
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1926
    Built
    Neighborhood:
    CYPK - Cypress Park
    County:
    Los Angeles
    Area:
    CYPK - Cypress Park
    Property Description
    DON'T MISS OUT!! OPPORTUNITY KNOCKS! This duplex in "RED-HOT" NELA might just be the best opportunity left for home ownership in this great community at an affordable price! Although currently occupied by long-term tenants- just imagine the possibility of someday converting this property into a single-family residence! Your decision to buy this amazing property at such a great value is genius!! Each unit is 1-bedroom + 1-bathroom with ~500sqft of living space. CURRENT RENTS: Unit#1=$846.25 & Unit#2=$314/month THANK YOU:) BUYER TO VERIFY ALL ASPECTS OF PROPERTY INCLUDING SQUARE FOOTAGE & BED/BATH COUNT... THANK YOU:) AND adjacent duplex also for sale at 3100 Division Street 90065... BUY THEM BOTH AND CREATE YOUR OWN REAL ESTATE EMPIRE:) NOTE: Tenants in both units have been noticed to vacate by mid-August 2020 and at COE BUYER will receive approximately $43,900 CREDIT for tenant relocation fees.
    Exterior Features

    Parking Features None Parking YN No

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 24000.00 Gross Multiplier 14.58 Gross Operating Income 24000.00 Net Operating Income 20000.00 Senior Community YN No Special Listing Conditions Standard Zoning Lard2

    Listing provided courtesy of Brian Fitzburgh of Brokers Trust Real Estate Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-01-17T08:26:55.94. 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 Allison James Estates and Homes. Licensed in the State of California, USA.

     
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