1678 Roosevelt Avenue
Los Angeles, CA, 90006
$1,188,000
Beds
0 Baths
SqFt
0.14 Acres
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REASONABLY LOW PRICE FOR Harvard Heights,AND OWNER WILL CONSIDER AN OFFER AS WELL! (just above West Adams Heights!)…A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ”6 Bedrooms”, something to look into, for sure! Many Property Features have been Updated in recent years. AND ‘EVEN BETTER’ GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!

Property Details

Price:
$1,188,000
MLS #:
23321311
Status:
Active
Baths:
0
Address:
1678 Roosevelt Avenue
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Dec 27, 2023
State:
CA
ZIP:
90006
Lot Size:
6,039 sqft / 0.14 acres (approx)
Year Built:
1905
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4.00
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Gated Community
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2

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Rover IDX
1678 Roosevelt Avenue
Los Angeles, CA