$1,749,000
- Beds
- 8
- sq ft
- 4,904
1427 S Norton Ave, Los Angeles, CA 90019
1427 S Norton Ave
Los Angeles, CA 90019
- 58 days on market
- Price drop $50,000↓
Well-structured 4-unit income property! Boasts over 4.904 sqft of living space and an 8,6811 sqft Lot Size. 3 Private garages. Each unit comprises 2 beds and 1 bath. Washer and dryer hookups. Granite top counters, hardwood floors, hand-crafted crown moldings, bright and open floor plans. Fully tenant occupied. 3 units are on a month-to-month lease ( tenants have occupied the unit for 6+ years), and 1 unit is currently in a 12-month contract. Gated and paved lot with little landscaping required. Incredible opportunity to own an investment property with great value and propositions. Only unit 1 has been fully renovated costing a little over (100K) and the other 3 units have updated kitchens. The owner pays for water but, this should be negotiated with the tenants. Rents are below market price due to long-time good tenants.
Details
Property type
Lot size
6,813 sq ft
Price per sq ft
$357
Year built
1924
HOA
No
Price History
09/17/2024
CLAW #24419151
Price change
$1,749,000
-2.78%
07/24/2024
CLAW #24419151
Listed
$1,799,000
Schools & Community
Neighborhood:
Mid City
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated
Community features:
Gated
Status: Active
Tomo last checked: 09/20/2024 at 7:30 AM
Listing updated: 09/17/2024 at 10:29 AM
Listed by: Monica Romano, Equitable Mortgage & Realty Phone #: (877) 885-0111
MLS: CLAW #24419151
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