4421 Verdugo Road

    Los Angeles (City), CA 90065
    • $848,000
    • STATUS: Active
    • ON SITE: 121 days
    • ID#: 17282944
    UPDATED: 211 min ago
    $848,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $471
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    Description

    The building sits on a large 5,125 sqft lot and is walking distance from shops, coffee, and public transportation. The property consists of two very large 1 bedroom 1 bathroom units that measure 900 sqft each and take up the top and bottom floor of this two-story building. The bottom unit will be delivered VACANT. Additionally, there are two garage parking spaces in back of the lot with alley access. The property is separately metered for gas and electricity. There is potential to build a third unit with existing LARD1.5 zoning (Buyer to verify). Washer and dryer are included in each unit, and a front yard and back yard exist for the tenants to share. Owner can potentially convert the large 1 bedroom units into 2 bedrooms and then rent them out on Airbnb to maximize cash flow.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-22T00:28:59.79. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.kristirobertsgroup.com/homes/78011659

    4421 Verdugo Road Los Angeles (City), CA 90065

    • Price: $848,000
    • Status: Active
    • Updated: 211 min ago
    • ID#: 17282944
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,800
    SQFT
    $471
    $/SQFT
    1939
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    The building sits on a large 5,125 sqft lot and is walking distance from shops, coffee, and public transportation. The property consists of two very large 1 bedroom 1 bathroom units that measure 900 sqft each and take up the top and bottom floor of this two-story building. The bottom unit will be delivered VACANT. Additionally, there are two garage parking spaces in back of the lot with alley access. The property is separately metered for gas and electricity. There is potential to build a third unit with existing LARD1.5 zoning (Buyer to verify). Washer and dryer are included in each unit, and a front yard and back yard exist for the tenants to share. Owner can potentially convert the large 1 bedroom units into 2 bedrooms and then rent them out on Airbnb to maximize cash flow.
    Exterior Features

    Garage Spaces 2.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two Door Parking Total 2.00 Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 3.64 Garage Rental Rate 0.00 Gross Multiplier 15.97 Gross Operating Income 51507.00 Laundry YN Yes Net Operating Income 30879.00 Special Listing Conditions Standard Total Expenses 20628.00 Zoning Lard1.5

    Listing provided courtesy of Kenny Stevens of Concord Real Estate Service.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-22T00:28:59.79. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    Kristi Roberts Group, Inc.
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    Murrieta CA, 92563