UPDATED:
11/21/2024 05:23 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $661
MLS Listing ID SR24227303
Style All Other Attached
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1949
Lot Size 9,249 Sqft
Acres 0.2123
Property Description
Incredible rental income opportunity in La Crescenta! This property includes a single-family residence plus two additional rented units, generating $5,000/month in rental income. Located in a sought-after area, this property has substantial income potential and a lot of added features: Main House has a permitted 354 sq ft addition over the garage, designed to add a bedroom and study room. All permits are in place, streamlining the completion process. Income-Producing Units: The property has two additional units, permitted as a storage room and recreation room but rented as apartments: Unit 1: 1 bedroom, 1 bath, rented for $2,650/month Unit 2: rented for $2,450/month Together, these units provide a monthly rental income of $5,000. Main House Updates: The main house, featuring 3 bedrooms and 2 bathrooms, was fully remodeled in 2018. including all new Kitchen, Bathroom, windows, Essential systems like HVAC, water heater, and electrical panel were also replaced, while copper plumbing was updated in 2020, and a new roof was added in 2022. Bonus Features: Included in the sale are approved plans for a 400+ sq ft pool and spa and a 220 sq ft workshop, adding value and versatility to the property. Prime Location: With stunning mountain views, this property is ideally located just minutes from shops, restaurants, parks, and top-rated schools, and has quick access to the 210 freeway.This property features a single-family residence with big flat lot plus two rented units, located in the highly sought-after community of La Crescenta. restaurants, parks, and award-winning schools. The 210 freeway is nearby. Don't miss the chance to tour this unique property and make it your own!
Location
State CA
County Los Angeles
Area La Crescenta (91214)
Zoning LAA2
Interior
Cooling Central Forced Air
Fireplaces Type FP in Living Room
Laundry Inside
Exterior
Garage Spaces 2.0
Total Parking Spaces 2
Building
Story 1
Lot Size Range 7500-10889 SF
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $21
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard
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Nicole Hazelton
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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