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2103 3rd Avenue

Los Angeles (City), CA 90018
  • $999,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: TR21221353
UPDATED: 85 min ago
$999,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Description

Arlington Heights 4 plex, ideally located appx 10 to 15 minutes to downtown Los Angeles. Each unit is believed to a 2 bed 1 bath of appx 950 sf.. The total building is 3804 sf.. The interior condition is unknown to the listing agent or seller, but a visit will happen in the near future. Please make offers subject to interior inspection. Long time renters are paying $1000, $1,000, $1000, and $985 per unit per month. There are 4 detached garages with single doors and a concrete driveway for additional parking of another 4 plus cars. Front and rear fenced yards. Two balconies for two of the units. The owner pays for the water bill which has been appx $850 to $1000 per month. Some units have double pane windows. There is only one water meter. The tenants pay electric and gas, individual meters unknown. When I know more about the condition of the property and if the tenants will vacate, I will disclose. The person that knew a lot about the property is no longer with us. For now you know as much as I do. Take a look up third Ave and you will see the iconic Hollywood sign to the distant north. The property is part of the Rent Stabilization Ordinance.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-25T09:25:16.403. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/122111350
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2103 3rd Avenue Los Angeles (City), CA 90018

  • Price: $999,000
  • Status: Active
  • Updated: 85 min ago
  • ID#: TR21221353
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1914
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Arlington Heights 4 plex, ideally located appx 10 to 15 minutes to downtown Los Angeles. Each unit is believed to a 2 bed 1 bath of appx 950 sf.. The total building is 3804 sf.. The interior condition is unknown to the listing agent or seller, but a visit will happen in the near future. Please make offers subject to interior inspection. Long time renters are paying $1000, $1,000, $1000, and $985 per unit per month. There are 4 detached garages with single doors and a concrete driveway for additional parking of another 4 plus cars. Front and rear fenced yards. Two balconies for two of the units. The owner pays for the water bill which has been appx $850 to $1000 per month. Some units have double pane windows. There is only one water meter. The tenants pay electric and gas, individual meters unknown. When I know more about the condition of the property and if the tenants will vacate, I will disclose. The person that knew a lot about the property is no longer with us. For now you know as much as I do. Take a look up third Ave and you will see the iconic Hollywood sign to the distant north. The property is part of the Rent Stabilization Ordinance.
Exterior Features

Architectural Style Traditional Construction Materials FrameWood Siding Entry Level 1 Entry Location 1 Fencing Chain LinkFair Condition Foundation Details Brick/MortarRaised Lot Features Corner LotCorners MarkedLevelRectangular LotYard Number Of Separate Electric Meters 1 Parking Features ConcreteDoor-SingleDrivewayGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Floor FurnaceNatural Gas Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsGutter(S)Storm Drain(S)Street LightsSidewalks Contingency Subject To interior inspection. Please Don't Disturb Tenants Current Financing None Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 47820 Gross Scheduled Income 3985 Insurance Expense 1000 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 2985 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 1000 Possession See Remarks Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3985 Trash Expense 0 Water Sewer Expense 10800 Water Source Public Zoning Lard2

Listing provided courtesy of Ty Courtney Wallace of Coldwell Banker Tri-Counties R


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-25T09:25:16.403. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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