6034 Crestwood Way

    Los Angeles (City), CA 90042
    • $1,525,000
    • STATUS: Active
    • ON SITE: 47 days
    • ID#: 18392350
    UPDATED: 67 min ago
    $1,525,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,072
      SQFT
    • $375
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Pleased to present for sale this rare and charming 8 unit value-add multi-family property nestled in between Eagle Rock and Highland Park. The building is comprised of (5) Single Story 1 Bedroom & 1 Bathroom Units built in 1923 and (3) Units built in 1913 comprised of (2) 1 Bedroom & 1 Bathroom Unit and (1) 2 Bedroom and 1 Bathroom Unit. This investment provides a significant value-add repositioning opportunity for an astute investor. Street Parking.The property is conveniently located within minutes to award winning Occidental College, York/Figueroa/Colorado Retail Corridors, and is in the heart of thriving North East Los Angeles, surrounded by South Pasadena, Glendale, Atwater Village, Los Feliz, Silver Lake/Echo Park, Glassell Park, and Downtown LA. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T12:28:43.37. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88155036

    6034 Crestwood Way Los Angeles (City), CA 90042

    • Price: $1,525,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: 18392350
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,072
    SQFT
    $375
    $/SQFT
    1923
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    Pleased to present for sale this rare and charming 8 unit value-add multi-family property nestled in between Eagle Rock and Highland Park. The building is comprised of (5) Single Story 1 Bedroom & 1 Bathroom Units built in 1923 and (3) Units built in 1913 comprised of (2) 1 Bedroom & 1 Bathroom Unit and (1) 2 Bedroom and 1 Bathroom Unit. This investment provides a significant value-add repositioning opportunity for an astute investor. Street Parking.The property is conveniently located within minutes to award winning Occidental College, York/Figueroa/Colorado Retail Corridors, and is in the heart of thriving North East Los Angeles, surrounded by South Pasadena, Glendale, Atwater Village, Los Feliz, Silver Lake/Echo Park, Glassell Park, and Downtown LA. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY!
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 17.84 Gross Operating Income 84621.00 Improvements Amount 209956 Land Value 628792 Laundry YN Yes Net Operating Income 54006.00 Special Listing Conditions Standard Total Expenses 30615.00 Zoning Lar1

    Listing provided courtesy of Eric Dilanian of Remax Commercial And Investmen.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T12:28:43.37. 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. Licensed in the State of California, USA.
     
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