Three (3) separate buildings!! Front house SFR with 3 bedroom and 1 bathroom. There are 8 units in the rear with 2 two story buildings. Each unit has their own assigned parking garage/space. THIS IS AN EXCELLENT INVESTMENT WITH OVER 5% CAP RATE!! Purchase it and live in the front SFR yourself and rent out the 8 units in the back. Please do not enter onto property without an appointment. New copper piping for rear portion of building (8 units) in late 2014. Buildings are very very well-kept/maintained by professional property management company. Rent controlled increases are done annually with ease.
Attention Developers, Investors, and Contractors! 10,407 sq ft corner lot with rare R4 zoning in beautiful neighborhood north of Huntington Drive conveniently located just one and one-half blocks from the City of South Pasadena. Property consists of six units amongst three separate buildings: a four-plex with garages, a studio apartment over garage, and a 2-bedroom house.The property is a great opportunity to buy in one of the most sought after rental areas of Los Angeles. It is in a prime location for investment or even as an owner user. With some upgrades and repairs, this property offers incredible upside potential. Amazing opportunity!
Age: Over 50 Years Old
Architecture Style: Other
Cooling System: Window Unit(s) A/C
Lot Size: 0.24 Acres
Roof Type: Unknown
5512 Berkshire Drive, Los Angeles (City), CA 90032
5512 Berkshire Drive, Los Angeles (City), CA 90032
Awesome well maintained Quad-plex located in a wonderful area of El Sereno. This is 4 unit building Features spacious 8 Bedrooms, 4 Bathrooms. Recent upgrades include new roof, plumbing and water heaters. Owner just spent 40k in improvements for the property. Ideal for someone looking to place in their own tenants and since it is so convenient to schools and downtown.
Beautiful downtown views with extra land for development. Can't miss income property steps away from Cal State LA. This multi-unit complex features a newer roof, on site laundry facilities and parking for up to 6 vehicles, no permit required for street parking. All appliances are included. Tenants will love the downtown skyline view, and you will love the earning potential, an estimated $87k annually! Opportunity to create much more income as a sober living home. Easy to convert.
Outstanding opportunity to own a 4 unit property in desirable El Sereno. The property is located on a huge lot with 13,783 square feet! Zoned R5 with potential to develop. Prime rental neighborhood that is quickly growing in popularity. Many upgrades. Unit 2406 is a fully renovated unit with new wood and tile floors, new kitchen cabinets and countertop, bathroom vanity, toilet and shower and recessed lighting. Unit 2406 ½ has been recently renovated with newer shower fixtures and recessed lighting. Hardwood floors in Unit 2404 1/2 have been refinished. New electrical panel and meters for the property. Many windows have been replaced with dual pane. Driveway was repaved in 2012 and provides ample parking for tenants. Exterior of the building was painted in 2012. Property is extremely well located and close to schools, shopping, restaurants, Cal State LA, El Sereno Recreation Center and major freeways. Minutes to everything. Please DO NOT disturb tenants.
Move right into this comfortable, updated 3 bedroom 2 bath home and collect rent for the long time renter from the back house. The front house (Approx. 1300 sq.ft) features wood floor through out with tile floor in kitchen and bathroom. Professionally upgraded kitchen with granite counter tops and custom cabinets. Newly painted. Recessed lighting. Dual pane windows. The back house (Approx. 924 sq.ft) has 2 bedroom, 1 den and 1 bath. Detached 1 car garage, 2 car carport and 2 additional parking space . Great opportunity to buy a wonderful property.
Finally the seller decided to sell this great investment, four units, one bedroom one bath each, with long time tenants, seller will deliver one unit vacant at close of escrow. The building is low maintenance, call listing agent for more information. One unit can be shown by appointment only.
Buyers to be cross qualified with Gloria Bishop, Bankers Mortgage Group, Inc. at (818)645-0426. Submit offers with EMD, Proof of funds, fico and pre-approved letter. Don't miss this great opportunity, live in one unit and rent the other three. Seller selects all services. Offers to be sent to: firstname.lastname@example.org
Prime area of El Sereno ~ Next to the City of Alhambra ~ Great income property or live in one house and rent the other ~ Separate electric, water and gas meters ~ Separate laundry ~ 2 separated houses with no common walls ~ Front house features 3 bedroom 2 bath ~ Approximately 1,200 sqft of living space ~ Back house 2 bedroom 1 bath ~ Approximately 856 sqft of living space ~ Centrally located near shopping, schools and freeways
Adjacent to South Pasadena and Alhambra this great duplex is in a great pivot location. Each unit consist of 2 bedrooms and 1 bath, great started home or investment. Great rental potential or just live in one and rent the other.