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2030 N Commonwealth Avenue

Los Angeles (City), CA 90027
  • $1,900,000
  • STATUS: Active
  • ON SITE: 241 Days
  • ID#: 22204069
UPDATED: 17 min ago
$1,900,000
  • 5
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,940
    SQFT
  • $646
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Jonathan Jay of Bruce Jay Associates (323-660-3600)


Description

FIRST TIME ON MARKET!! A RARE OFFERING!! ORIGINAL CONDITION! Beautiful 3+2 with all the woodsy details craving a Buyer's Touch! Spacious Rooms, Hardwood floors throughout, AND TWO ONE BEDROOM UNITS IN BACK! One unit is rented for $1700 / month on a month to month tenancy. The Other One Bed Unit has had over $40,000 of Improvements Completed, and is held Vacant for the benefit of the Buyer! Many years of fully grown Lush Foliage keeps this diamond in the rough hidden from the Street View! This could be your Dream Home WITH great INCOME from the 2 Units in back (which are set apart and away from the Main Home, with Community Laundry!). Income Calcs below are based upon projected rents. Truly a smart Los Feliz Investment! Offers are all subject to the Seller performing a 1031 Exchange.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-29T11:25:46.337. 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 or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/133534276
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2030 N Commonwealth Avenue Los Angeles (City), CA 90027

  • Price: $1,900,000
  • Status: Active
  • On Site: 241 Days
  • Updated: 17 min ago
  • ID#: 22204069
5
Beds
0
Baths
0
½ Baths
0.15
Acres
2,940
SQFT
$646
$/SQFT
1961
Built
Neighborhood:
637 - Los Feliz
County:
Los Angeles
Area:
637 - Los Feliz
Property Description
FIRST TIME ON MARKET!! A RARE OFFERING!! ORIGINAL CONDITION! Beautiful 3+2 with all the woodsy details craving a Buyer's Touch! Spacious Rooms, Hardwood floors throughout, AND TWO ONE BEDROOM UNITS IN BACK! One unit is rented for $1700 / month on a month to month tenancy. The Other One Bed Unit has had over $40,000 of Improvements Completed, and is held Vacant for the benefit of the Buyer! Many years of fully grown Lush Foliage keeps this diamond in the rough hidden from the Street View! This could be your Dream Home WITH great INCOME from the 2 Units in back (which are set apart and away from the Main Home, with Community Laundry!). Income Calcs below are based upon projected rents. Truly a smart Los Feliz Investment! Offers are all subject to the Seller performing a 1031 Exchange.
Exterior Features

Architectural Style Craftsman Parking Features Driveway Parking Total 3

Interior Features

Appliances DisposalRefrigerator Fireplace Features Dining RoomLiving Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.36 Gross Income 127200 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 101760 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-29T11:25:46.337. 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 or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370087421-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370087421-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370087421-1.jpg
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Jonathan Jay of Bruce Jay Associates (323-660-3600)