1141 East 50th ST Active

Los Angeles,CA 90011

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25221770

Year Built 1924

Lot Size 5,397 Sqft

Property Sub-Type Quadruplex

Property Description

PERFECT for a BUYER TO LIVE IN THE 3 BEDROOM 1 BATH FRONT UNIT (It's VACANT) and get their mortgage paid for by the other 3 rental units (current rent roll for the 3 occupied units are $6590/month. FHA APPROVED!

This is a beautiful FULLY REMODELED 4-PLEX including One FREESTANDING BRAND NEW 1 BEDROOM ADU. The 3 Bedroom 1 bath unit is VACANT while the other 1 bedroom 1 bedroom are getting $2288, $2249, $2053. Pro forma for the Vacant 3/1 is $3500. There is room for 2 car parking in the front and additional parking spots in the back. 3 separate buildings and 4 gas and electrical meters. With all units rented out, one can expect an annual income of $121,080.

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Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Laundry None

Exterior

Parking Features Assigned

Pool None

Community Features Suburban,Sidewalks

View Y/N No

View None

Roof Type Composition

Building

Lot Description Walkstreet

Story 1

Sewer Public Sewer

Water Public

New Construction Yes

Others

Acceptable Financing Cash,Conventional,FHA,Fannie Mae,Freddie Mac,Submit,VA Loan

Listing Terms Cash,Conventional,FHA,Fannie Mae,Freddie Mac,Submit,VA Loan

Special Listing Condition Standard

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