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    5444 Alvern Circle

    Los Angeles (City), CA 90045
    • $1,250,000
    • STATUS: Active
    • ON SITE: 80 days
    • ID#: SB20133294
    Price Reduced
    $1,250,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,138
      SQFT
    • $398
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    Opportunity in Westchester with Silicon Beach nearby abounds, 8000 square foot lot, this fourplex has tremendous upside! One building has three units: one two bedroom, 1 bath (with fireplace), plus two one bedroom one bathroom units. In addition, potential owner occupant unit (currently tenant occupied) in a separate building attached by common roof, is a two bedroom one bath (with fireplace). All units are tenant occupied. In between is a lovely courtyard, each unit has planters and mutual grass area. Fenced. Three units have inside laundry, gas wall heaters. On-site parking and four garages (potential additional rental income). Below market rents, invest now and build equity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T00:28:25.74. 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 Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

    www.sonyathebroker.com/homes/107613230
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    5444 Alvern Circle Los Angeles (City), CA 90045

    • Price: $1,250,000
    • Status: Active
    • ID#: SB20133294
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,138
    SQFT
    $398
    $/SQFT
    1952
    Built
    Neighborhood:
    C29 - Westchester
    County:
    Los Angeles
    Area:
    C29 - Westchester
    Property Description
    Opportunity in Westchester with Silicon Beach nearby abounds, 8000 square foot lot, this fourplex has tremendous upside! One building has three units: one two bedroom, 1 bath (with fireplace), plus two one bedroom one bathroom units. In addition, potential owner occupant unit (currently tenant occupied) in a separate building attached by common roof, is a two bedroom one bath (with fireplace). All units are tenant occupied. In between is a lovely courtyard, each unit has planters and mutual grass area. Fenced. Three units have inside laundry, gas wall heaters. On-site parking and four garages (potential additional rental income). Below market rents, invest now and build equity.
    Exterior Features

    Architectural Style Ranch Garage Spaces 4.00 Lot Features 0-1 Unit/Acre Lot Size Source Appraiser Lot Size Units Square Feet Parking Features Assigned Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Living RoomSee Remarks Fireplace YN Yes Heating Wall Furnace Heating YN Yes Laundry Features Inside Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cable Tv Expense 0.00 Community Features Curbs Country Us Elevation Units Feet Garage Income 200.00 Garage Rental Rate 100.00 Gross Income 200.00 Gross Scheduled Income 73147.00 Insurance Expense 2524.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry YN Yes Maintenance Expense 2825.00 Net Operating Income 25210.00 New Construction YN No New Taxes Expense 4156.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number With Carpet 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 47937.00 Property Condition Repairs Cosmetic Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 6075.00 Total Expenses 47937.00 Trash Expense 1000.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 1 Water Sewer Expense 3632.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Michelle Zabukovec of Redfin Corporation


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T00:28:25.74. 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 Better Homes and Gardens Real Estate Vogler Feigen. Licensed in the State of California, USA.

     
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    Better Homes and Gardens Real Estate Vogler Feigen
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    Hemet CA, 92544