RTI Permits for ADUs. For sale 4 units locate in Los Angeles, California. Units will be delivered vacant. For more information contact the listing agent, Jordan Epstein 818-212-2799 Jordan.Epstein@marcusmillichap.com

3916 sq. ft.

Posted: 11/03/2021 6:25 am | On HOMEiZ: 905 days | Updated: 2 years ago | Views: 697

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$1095000

Last Sold Price

$1095000

Last Sold Date

11/04/2021

Total Finished Sq. Ft.

3916

Total Lot size

5,508 Sq. Ft.

Price per Sq. Ft.

$280

No. of Units

fourplex (4) units

Unit #1 Total sq. ft.

N/A beds:: 1 baths:: 1

Unit #2 Total sq. ft.

N/A beds:: 1 baths:: 1

Unit #3 Total sq. ft.

N/A beds:: 1 baths:: 1

Unit #4 Total sq. ft.

N/A beds:: 1 baths:: 1

Year built

1922

Overall Property Condition

Good

Annual Property Tax Rate for this property

1.25%

Property tax total amount

$13688

Commission Split %

Contact Listing agent %

Financing

This property can be financed

Conventional Loan

Yes

FHA Loan

VA Loan

Mello-Roos

USDA / RHS Loans

Hard Money Loan

Yes

Property Location & Description

Listing Headline

RTI Permits for ADUs. For sale 4 units locate in Los Angeles, California. Units will be delivered vacant. For more information contact the listing agent, Jordan Epstein 818-212-2799 Jordan.Epstein@marcusmillichap.com

Property Description

The offering comes complete with RTI plans that permit the new investor to upgrade the units from 1 Bedroom / 1 Bathroom to (2) 3 Bedroom / 1 Bathroom, and (2) 3 Bedroom / 1.5 Bathroom units. Additionally, the deal will be delivered with RTI plans that permits the new investor to add two (2) detached, 641.5 square foot ADU’s behind the existing structure which would bring the total unit count to six (6) and with a total square footage of 5,200. The addition of the ADU’s combined with the unit conversions will heavily increase the property’s value and allow the new investor to collect significantly higher rents than what would have been possible before.

Location Description

Close to 110 freeway.

Property Information

Community Features

Sidewalks

Street Lighting

View

None

Building and Construction

Basement

None

Exterior

Wood products

# of Stories

Additions to home Structural

No Data

Room Features

Total # of rooms

Utilities

Cooling System

Central

Heating System

Forced air

Heating Method

Electric

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Off-street

On-street

# of Covered Parkings

No Data

Energy Efficiency

Energy Star Certified

How old is you cooling and heating system?

No Data

Efficiency rating

N/A

R-value

N/A

Windows single-pane?

Natural daylight

Appliances energy efficient

Roof

Neighborhood lifestyle

Lifestyle

Urban Pioneer

More information

MLS Listing #

Not in MLS

MLS URL of this listing to link to your own site or brokerage site

Open house

Listing Info

Listing ID: 2942

Sold

For Sale

$1,095,000

Listing Presented by

Disclimer: Any information relating to a property referenced on HOMEiZ.com comes from the listing provider who wishes to post a listing on HOMEiZ.com. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. HOMEiZ does not verify the property information submitted in HOMEiZ.com and cannot guarantee the accuracy of the information. No warranties or representations are made of any kind. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

324 West 51st Street . South Los Angeles , CA 90037