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 Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 46 |
Features
| SQ Feet | 3,913 |
|---|---|
| Car Port | Yes |
| Acreage | 0.12 |
| Water Front | No |
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Learn More About This Property
| Area Information | |
|---|---|
| State | CA |
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90039 |
| Area | 606 - Atwater |
| Listing VS Median (in 90039) | |
Price: $1,798,000 low | high Med: $999,000 SqFt: 3,913 low | high Med: 1,593 $ / SqFt: $459 low | high Med: $637 On Site: 46 low | high Med: 21.500000 | |
MLS Number: TR20249795Listing Provided By:
Cynthia Ruiz of RE MAX Universal Realty