1427 S Norton Avenue, Los Angeles, CA 90019
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Listed Price :
$1,749,000
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Beds :
8
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Baths :
4
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Property Size :
4,904 sqft
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Year Built :
1924
Property Description
Well-structured 4-unit income property! Boasts over 4.904 sqft of living space and an 8,6811 sqft Lot Size. 3 Private garages. Each unit comprises 2 beds and 1 bath. Washer and dryer hookups. Granite top counters, hardwood floors, hand-crafted crown moldings, bright and open floor plans. Fully tenant occupied. 3 units are on a month-to-month lease ( tenants have occupied the unit for 6+ years), and 1 unit is currently in a 12-month contract. Gated and paved lot with little landscaping required. Incredible opportunity to own an investment property with great value and propositions. Only unit 1 has been fully renovated costing a little over (100K) and the other 3 units have updated kitchens. The owner pays for water but, this should be negotiated with the tenants. Rents are below market price due to long-time good tenants.
Interior Features
Bedroom Information |
Bedrooms |
8 |
Bathroom Information |
Bathrooms |
4 |
Interior Information |
Features |
Ceiling Fan(s) |
Listing Information
Address |
1427 S Norton Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90019 |
County |
Los Angeles |
Listing Agent |
Monica Romano DRE #02129537 |
Courtesy Of |
Equitable Mortgage & Realty |
List Price |
$1,749,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
4,904 |
Lot Size |
6,813 |
Year Built |
1924 |
Listing information courtesy of: Monica Romano, Equitable Mortgage & Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.