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3864 Boyce Avenue

Los Angeles (City), CA 90039
  • $1,700,000
  • STATUS: Active
  • ON SITE: 201 Days
  • ID#: AR22237704
$1,700,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Henry Liu of Coldwell Banker Dynasty Arc. (626-446-8999)


Description

Fabulous Location with a Great Residential income Investment Opportunity! Do not miss it!This multi-family property is a 2,785 Sqf living area situated in a 6750 sqft lot, very convenient location, walk-able to the business center, bus station, school, grocery store, restaurant, etc. Close to famous Griffith park, Hollywood, Los Feliz golf course, and Los Angeles zoo.This property has 2 units with 2 electricity meters, 2 gas meters, and 1 water meter, the landlord is responsible for water, trash, and landscaping, and tenants are taking care of the rest. It is 100% leased and tenants are loyal for years, the front house is 2 bedrooms 1 bathroom, current rent is $1100/month, and the rear house is 4 bedrooms 2.5 bathrooms, current rent is $1900/ month, since the tenants have been living here for years, rent is below market price, the new owner can do minimal renovation to get higher rent easily. Please do not disturb tenants, appointment showing only!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. 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/134734773
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3864 Boyce Avenue Los Angeles (City), CA 90039

  • Price: $1,700,000
  • Status: Active
  • On Site: 201 Days
  • ID#: AR22237704
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1922
Built
Neighborhood:
606 - Atwater
County:
Los Angeles
Area:
606 - Atwater
Property Description
Fabulous Location with a Great Residential income Investment Opportunity! Do not miss it!This multi-family property is a 2,785 Sqf living area situated in a 6750 sqft lot, very convenient location, walk-able to the business center, bus station, school, grocery store, restaurant, etc. Close to famous Griffith park, Hollywood, Los Feliz golf course, and Los Angeles zoo.This property has 2 units with 2 electricity meters, 2 gas meters, and 1 water meter, the landlord is responsible for water, trash, and landscaping, and tenants are taking care of the rest. It is 100% leased and tenants are loyal for years, the front house is 2 bedrooms 1 bathroom, current rent is $1100/month, and the rear house is 4 bedrooms 2.5 bathrooms, current rent is $1900/ month, since the tenants have been living here for years, rent is below market price, the new owner can do minimal renovation to get higher rent easily. Please do not disturb tenants, appointment showing only!
Exterior Features

Carport Spaces 2 Carport YN Yes Lot Features Yard Number Of Separate Electric Meters 2 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Appliances DryerWasher Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Curbs Garage YN Yes Gross Income 2700 Gross Scheduled Income 2650 Insurance Expense 2000 Land Lease YN No Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms CashCash To Existing LoanCash To New Loan Net Operating Income 2650 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 350 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Total Actual Rent 3000 Trash Expense 1200 Water Sewer Expense 1200 Water Source Public Zoning Lar1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. 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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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Henry Liu of Coldwell Banker Dynasty Arc. (626-446-8999)