$1,798,000

4048 Garden Avenue

Los Angeles CA, 90039

Description

Looking to find a place that pays the mortgage for you? Well, here it is. First time on the market since owner built it in 1971. Located in the Atwater Village area with 4 units that offers a 3 bed, 2.5 bath towne home style owner's suite. Live in One and allow the other 3 units to cover the mortgage or maintain all 4 with tenants to generate some passive income. All four units have new copper plumbing, new electrical, new roof, new water heater, bathrooms have been remodeled, and 3 of the units have updated flooring. Kitchens have newer solid surface counters (Granite and Quartz). Plus 6 parking spaces on property. Surrounded by Griffith Park, Los Feliz, Adams Square and Glassel Park, making it an ideal location plus within walking distance to nearby restaurants, shops, services and conveniently located near freeway access. 4% cap rate or 17 GRM. Please do not disturb tenants and all COVID 19 guidelines will be followed.

Details

MLS#TR20249795
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1971
Days On Site46

Features

SQ Feet3,913
Car PortYes
Acreage0.12
Water FrontNo
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Area Information
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90039
Area606 - Atwater
Listing VS Median (in 90039)
Price:
$1,798,000
low | high
Med:
$999,000
94.438264738598% of Average
SqFt:
3,913
low | high
Med:
1,593
100% of Average
$ / SqFt:
$459
low | high
Med:
$637
11.431051735483% of Average
On Site:
46
low | high
Med:
21.500000
100% of Average
Listing Updated: January 15, 2021 4:51:00 AM PST
Cynthia Ruiz LogoMLS Number: TR20249795
Listing Provided By:
Cynthia Ruiz  of  RE MAX Universal Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.