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4025 Halldale Avenue

Los Angeles (City), CA 90062
  • $999,988
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: MB22246448
New On Site 6 Days Ago
UPDATED: 21 min ago
$999,988
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Listing Agent(s): Xio Sandoval of Century 21 Realty Masters (323-722-7300)


Description

In high demand USC HUB, this trendy complex delivers 3 large units, all of which were fully remodeled and reconfigured the layout for the duplex to increase bedroom and bathroom count. All work was done with city agency permits, including the final certificate of occupancy for the newly built detached ADU. The property is an attached duplex & a detached ADU. Parking is not an issue, there is enough open space for the Occupant's convenience of not having to share parking accessibility. The combined SQFT of the entire property is now a 10 bed, 8 bath totaling 3998 SQFT. Unit 4025 is a 3 bed, 3 bath at approximately 1400 SQFT and currently leased at $3,000- Unit 4027 is a 4 bed, 3 bath with a deck at approximately 1750 SQFT currently leased at $3595. Unit 4027 1/2 (ADU) is a 3 bed, 2 bath at approximately 826 SQFT currently leased at $2,500. Recent upgrades from 2021: rewiring throughout all new units, upgraded electrical meter and panel for 3 units, new drywall throughout, new flooring throughout, new copper/pex plumbing throughout all units, supply and drainage, new recessed lighting in living spaces, new finish fixtures for plumbing, electrical, etc., new tubs, tile, showers, vanities, toilets, new vinyl windows throughout entire 3 units, new flooring, baseboards, moldings, new paint interior and exterior, new water mainline upgraded to copper, installed new water heaters for 3 units, tankless for the ADU, new kitchen cabinets & granite countertops. Plus, a legalized deck that offers a serene outdoor living space. Do not miss out on this opportunity-this property is perfect for an owner-user or income seeker in one of LA's trendiest neighborhoods. You will gain instant sustainable rental income-we welcome your 1031 exchange transaction. Commuters enjoy close proximity to USC Village with Trader Joe's & Target as the main Tenants for all your shopping needs, Metro Expo Lines, Lucas Museum (currently under construction), West Adams restaurants and coffee shops, and DTLA LA LIVE. This is the one-call today!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-01T12:33:21.5. 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.
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4025 Halldale Avenue Los Angeles (City), CA 90062

  • Price: $999,988
  • Status: Active
  • On Site: 6 Days
  • Updated: 21 min ago
  • ID#: MB22246448
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1914
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
In high demand USC HUB, this trendy complex delivers 3 large units, all of which were fully remodeled and reconfigured the layout for the duplex to increase bedroom and bathroom count. All work was done with city agency permits, including the final certificate of occupancy for the newly built detached ADU. The property is an attached duplex & a detached ADU. Parking is not an issue, there is enough open space for the Occupant's convenience of not having to share parking accessibility. The combined SQFT of the entire property is now a 10 bed, 8 bath totaling 3998 SQFT. Unit 4025 is a 3 bed, 3 bath at approximately 1400 SQFT and currently leased at $3,000- Unit 4027 is a 4 bed, 3 bath with a deck at approximately 1750 SQFT currently leased at $3595. Unit 4027 1/2 (ADU) is a 3 bed, 2 bath at approximately 826 SQFT currently leased at $2,500. Recent upgrades from 2021: rewiring throughout all new units, upgraded electrical meter and panel for 3 units, new drywall throughout, new flooring throughout, new copper/pex plumbing throughout all units, supply and drainage, new recessed lighting in living spaces, new finish fixtures for plumbing, electrical, etc., new tubs, tile, showers, vanities, toilets, new vinyl windows throughout entire 3 units, new flooring, baseboards, moldings, new paint interior and exterior, new water mainline upgraded to copper, installed new water heaters for 3 units, tankless for the ADU, new kitchen cabinets & granite countertops. Plus, a legalized deck that offers a serene outdoor living space. Do not miss out on this opportunity-this property is perfect for an owner-user or income seeker in one of LA's trendiest neighborhoods. You will gain instant sustainable rental income-we welcome your 1031 exchange transaction. Commuters enjoy close proximity to USC Village with Trader Joe's & Target as the main Tenants for all your shopping needs, Metro Expo Lines, Lucas Museum (currently under construction), West Adams restaurants and coffee shops, and DTLA LA LIVE. This is the one-call today!
Exterior Features

Architectural Style Contemporary Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Contingency 1. Offers: Subject To interior inspection.2. Must include Current PofDu Approval3. Financed Offers May Be Asked To Cross-Qualify With La Preferred Lender. 4. No Buyer Letters5. Seller Will Not Deliver Any Of The Units Vacant. Disclosures Accessory Dwelling Unit Electric Expense 0 Exclusions Tenants' Belongings. Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 107940 Insurance Expense 1700 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 92840.02 New Construction YN No New Taxes Expense 12499 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 15099.8 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 900 Vacancy Allowance Rate 4 Water Sewer Expense 0 Water Source Private Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-01T12:33:21.5. 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.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Xio Sandoval of Century 21 Realty Masters (323-722-7300)