1678 Roosevelt Avenue

Los Angeles, CA 90006

PRICE REDUCED

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-$278,000 (-19.47%)

$1,150,000

List Price

4

bed Beds

4

shower Baths

2,212 sqft

straighten / sqft

1905

calendar_month Built

Property Description

Up and Coming Harvard Heights (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!!!

Listing Information

List Price $1,150,000
Status Active
MLS 23321311
Type Residential Income
Year Built 1905
Lot Size 6,039
Structure Size 2,212
DOM 253
Courtesy Of Bruce Jay Associates
Listing Agent Jonathan Jay DRE#01979786

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Jonathan Jay, Bruce Jay Associates . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 5th, 2024 at 7:55 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.