1427 S Norton Avenue

Los Angeles, CA 90019

PRICE REDUCED

arrow_downward
-$50,000 (-2.78%)

$1,749,000

List Price

8

bed Beds

4

shower Baths

4,904 sqft

straighten / sqft

1924

calendar_month Built

Property Description

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.

Listing Information

List Price $1,749,000
Status Active
MLS 24419151
Type Residential Income
Year Built 1924
Lot Size 6,813
Structure Size 4,904
DOM 55
Courtesy Of Equitable Mortgage & Realty
Listing Agent Monica Romano DRE#02129537

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4
Additional Information
Additional Features Ceiling Fan(s)

Exterior Information

Maps

Listing information courtesy of: Monica Romano, Equitable Mortgage & Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 17th, 2024 at 5:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.