2711 Glendale Boulevard

    Los Angeles (City), CA 90039
    • $1,995,000
    • STATUS: Active Under Contract
    • ON SITE: 25 days
    • ID#: 19502184
    Under Contract
    UPDATED: 52 min ago
    $1,995,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,429
      SQFT
    • $450
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1981
    County:

    School Ratings & Info

    Description

    A rare opportunity to own a non-rent-controlled income property in LA's hottest neighborhood. This spacious Silver Lake fourplex occupies a street-to-street lot in the coveted Ivanhoe Elementary School District, and offers an excellent return. The building provides two large 3 bedroom, 2 bathroom units; two more units each have 2 bedrooms and 1 bathroom. These apartments feature sensible floor plans and amenities that include separate water heaters for each unit and a convenient laundry room. There are two single-car garages and plenty of onsite parking. The popular Silver Lake Reservoir is just a few blocks away along with Trader Joe's and a Whole Foods 365 Market. Trendy dining and nightlife are right outside the door at Little Pine, Broome Street General Store and Coffee, Gingergrass, The Edendale and more. Residents enjoy an easy commute to nearby Glendale, Burbank and Downtown LA.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-16T08:26:59.693. 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/98173569

    2711 Glendale Boulevard Los Angeles (City), CA 90039

    • Price: $1,995,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • ID#: 19502184
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,429
    SQFT
    $450
    $/SQFT
    1981
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    A rare opportunity to own a non-rent-controlled income property in LA's hottest neighborhood. This spacious Silver Lake fourplex occupies a street-to-street lot in the coveted Ivanhoe Elementary School District, and offers an excellent return. The building provides two large 3 bedroom, 2 bathroom units; two more units each have 2 bedrooms and 1 bathroom. These apartments feature sensible floor plans and amenities that include separate water heaters for each unit and a convenient laundry room. There are two single-car garages and plenty of onsite parking. The popular Silver Lake Reservoir is just a few blocks away along with Trader Joe's and a Whole Foods 365 Market. Trendy dining and nightlife are right outside the door at Little Pine, Broome Street General Store and Coffee, Gingergrass, The Edendale and more. Residents enjoy an easy commute to nearby Glendale, Burbank and Downtown LA.
    Exterior Features

    Lot Size Units Square Feet Parking Features AssignedSide By SideGarageParking Space Parking YN Yes

    Interior Features

    Appliances DisposalRefrigeratorDishwasher Appliances YN Yes Cooling Central Air Cooling YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Electric Expense 720.00 Fuel Expense 120.00 Gross Multiplier 16.14 Gross Operating Income 119892.00 Improvements Amount 439145 Insurance Expense 2000.00 Land Value 292760 Laundry YN Yes Maintenance Expense 1000.00 Net Operating Income 108102.00 Property Condition Building Permit Special Listing Conditions Standard Total Expenses 11790.00 Water Sewer Expense 1200.00 Zoning Lar2

    Listing provided courtesy of Tracy B Do of Compass and Melinda Rae of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-16T08:26:59.693. 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.
     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592