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Step into the opportunity of a lifetime by moving into the vacant unit of this captivating four-unit income property. Each of the spacious units boasts two bedrooms and one bathroom, offering nearly 900 square feet of living space. Picture yourself residing in one of these comfortable abodes while seizing the chance to generate income by renting out the remaining three units.
With a carport to accommodate your vehicles, this remarkable investment guarantees a stable future with the potential for long-term growth. The property has been meticulously maintained, making it an ideal candidate for 30-year fixed financing. Recent capital improvements, including new copper plumbing, a fresh roof, upgraded electrical boxes, and a vibrant exterior paint job, add immense value to this already enticing investment.
To top it off, each unit has separate gas and electricity meters, ensuring minimal landlord maintenance and providing an effortless transition into your newfound managerial position. Immerse yourself in the captivating Elysian Valley location, where this extraordinary property resides. Situated across the street from the Elysian Valley Recreation Center and a stone's throw away from the LA River, Dorris Place Elementary School, and the bustling Dodger Stadium, this location offers the perfect blend of convenience and charm.
Venturing beyond the property's immediate surroundings, you'll discover an array of amenities, including shopping centers and parks such as Elysian Park. Commuting is a breeze, with easy access to major freeways such as the 5, 2, 134, 110, 101, and 210, making your daily journeys to work and school a seamless experience. Plus, the vibrant Downtown Los Angeles is just minutes away, promising endless entertainment and cultural opportunities.
Intrigued by this rare gem? Don't miss out on the chance to own this impressive property, which not only offers a stable cash flow but also holds the potential for lucrative rental upside. Embrace the adventure of becoming a property owner in one of the most sought-after locations in Los Angeles, where the possibilities are as abundant as the opportunities that surround you.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 2nd October, 2023 11:35 AM (UTC)