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    2616 Alsace Ave

    Los Angeles, CA 90016
    • $945,000
    • STATUS: Active
    • ON SITE: 90 days
    • ID#: 21-726390
    UPDATED: 43 min ago
    $945,000
    • 3
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,666
      SQFT
    • $567
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    Prime West Adams opportunity for multifamily investor in LARD2 zoning on a quiet street. This property consists of 2 separate homes and is gated for privacy. The main house is 2BR/1BA with lovely curb appeal and features central A/C and heat, original hardwood floors, as well as separate Dining Room and Living Room. A long driveway leads to the detached rear unit above the 2-car garage. This unit is 2BR/1BA (title records indicate 1BR/1BA) with newer hardwood flooring. Extra storage rooms attached to the spacious garage create potential for an ADU expanding the property into a triplex. Washer/dryer hookups in both units. Separate electric meters. Located close to trendy shops and restaurants in Culver City as well as the Expo Line which runs from DTLA to Santa Monica. Don't miss a rare chance to purchase in this hot, burgeoning L.A. neighborhood! Significant upside potential in rental income. Both units will be delivered vacant at close of escrow.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-02T09:42:24.05. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.theparsonsrealestateteam.com/homes/116715872
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    2616 Alsace Ave Los Angeles, CA 90016

    • Price: $945,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 21-726390
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,666
    SQFT
    $567
    $/SQFT
    1938
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Prime West Adams opportunity for multifamily investor in LARD2 zoning on a quiet street. This property consists of 2 separate homes and is gated for privacy. The main house is 2BR/1BA with lovely curb appeal and features central A/C and heat, original hardwood floors, as well as separate Dining Room and Living Room. A long driveway leads to the detached rear unit above the 2-car garage. This unit is 2BR/1BA (title records indicate 1BR/1BA) with newer hardwood flooring. Extra storage rooms attached to the spacious garage create potential for an ADU expanding the property into a triplex. Washer/dryer hookups in both units. Separate electric meters. Located close to trendy shops and restaurants in Culver City as well as the Expo Line which runs from DTLA to Santa Monica. Don't miss a rare chance to purchase in this hot, burgeoning L.A. neighborhood! Significant upside potential in rental income. Both units will be delivered vacant at close of escrow.
    Exterior Features

    Covered Parking 2 Lot Size Area 4816 Other Structures None Parking Garage DrivewayGarage - 2 Car Total Parking 4

    Interior Features

    Baths Total 2.00 Cooling Air ConditioningCentral Equipment Ceiling FanGas Dryer HookupRange/OvenRefrigerator Flooring HardwoodTile Heating Central Laundry InsideIn Unit

    Property Features

    Assessed Total Value 487021 Gross Income 32400 Gross Operating Income 30000 Like Units1 1 Like Units2 1 Net Operating Income 25000.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Title Company Source Lot Size Area Vendor Enhanced Total Annual Expense 5000 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lard2

    Listing provided courtesy of Marianne Simon DRE#01436515 of Keller Williams Larchmont.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-02T09:42:24.05. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Parsons Team | Keller Williams Realty
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    Pasadena CA, 91101