304 N. Avenue 50, Los Angeles, CA 90042

FOR SALE
  • $1,149,000
  • reduced $50,000 on 11/22/2016
  • 107 Days on site
  • Est: $4,257/month
  • Mortgage Center
  • Beds: 4
  • Baths: 4.0
  • Duplex
  • 3,136 sq ft
X

Description

We are pleased to offer this charming 4 Unit multi-family building in Highland Park! The property boasts Two (2) 1 Bedroom & 1 Bath Units with a Bonus Room & Two (2) 1 Bedroom & 1 Bath Units. The property was extensively renovated in 2014. Each unit is separately metered for Gas & Electric. While the investment has strong in-place returns, there is potential for even higher rental income! PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley. This property is near several parks, Highland Park Recreation Center, the Historic Southwest Museum and the 110 freeway.

  • MLS ID# 16-155862
  • Year Built: 1922
  • 107 Days on site
  • Duplex
  • Beds: 4
  • Baths: 4.0

Listing Details

Appliances
Built-In Appliances
Parking
Parking Space (4)
Cooling
Window Wall Unit
Assessed Taxable Amount
$512,588
Tax Amount
$6,515
Last Transaction Date
11/08/2013
Last Transaction Purchase Price
$495,000
Property Type
Quadruplex
Bedrooms
4
Bathrooms
4
Home Size (Sqft)
3,136
Lot Size (Sqft)
6,520
Lot Size (Acres)
0.15
Year Built
1922
Units
4
Cooling System
Yes

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
64,654
Median Household Income
$45,186
Median Years In Residence
8
Median Homeowner Age
29
Households with Children
60.27%
Percent of Homes Rented
55.33%

Nearby Elementary Schools

315 N New Ave
126 N New Ave
7544 Emerson Pl

Nearby Middle Schools

126 N New Ave
2720 Jackson Ave
7600 Graves Ave

Nearby High Schools

501 E Hellman Ave
7600 Graves Ave
1327 S San Gabriel Blvd

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

(213) 817-1000
Listing Agent: Eric Dilanian

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