4932 Arlington Avenue, Los Angeles, CA 90043 | MLS 15960929 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
800-660-9140

4932 Arlington Avenue,  Los Angeles CA, 90043

2,190 sqft
Status: Sold
MLS#: 15960929
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Real Living Pacific Realty
800-660-9140

Listing Provided Courtesy Of: Silicon Beach Real Estate
Last Updated: 12/4/2016 4:39 PM
Description for 4932 Arlington Avenue Los Angeles, CA 90043
Cash machine! Attractive triplex in peaceful area near Leimert Park. Sale price $599,000, GSI = $53,460, GRM = 11.20, Cap Rate = 8.21. Amazing low expenses due to Seller upgrades and value add. All three of the units have been completely rehabbed, with new floors, granite countertops, kitchen cabinets, carpets, doors, bathrooms, baths, sinks, and more. The jewel in the crown is the 2BD/1BA Craftsman style front house, which has been renovated to replicate the original interior architecture. FRONT UNIT TO BE DELIVERED VACANT OR RENTED! Stable, long-term tenants (1+ years). Exceptionally low monthly costs and tenants pay ALL utilities. 200 sq. foot bonus room and washer/dryer located in front unit. Expanded driveway. Major landscaping (includes conversion to complete drought-tolerant pants and top of the line artificial turf resulting in considerable water savings). Driveway gate. Private patio with each unit. Side yard for BBQ. On-site parking for 3 cars or more. This is a cash cow!
Price
Sold Price:
$560,000
Sold Date:12/22/2015
Los Angeles
2,190 (approx)
15960929
Closed
Description
Cash machine! Attractive triplex in peaceful area near Leimert Park. Sale price $599,000, GSI = $53,460, GRM = 11.20, Cap Rate = 8.21. Amazing low expenses due to Seller upgrades and value add. All three of the units have been completely rehabbed, with new floors, granite countertops, kitchen cabinets, carpets, doors, bathrooms, baths, sinks, and more. The jewel in the crown is the 2BD/1BA Craftsman style front house, which has been renovated to replicate the original interior architecture. FRONT UNIT TO BE DELIVERED VACANT OR RENTED! Stable, long-term tenants (1+ years). Exceptionally low monthly costs and tenants pay ALL utilities. 200 sq. foot bonus room and washer/dryer located in front unit. Expanded driveway. Major landscaping (includes conversion to complete drought-tolerant pants and top of the line artificial turf resulting in considerable water savings). Driveway gate. Private patio with each unit. Side yard for BBQ. On-site parking for 3 cars or more. This is a cash cow!
Listing Information
Property Type: Cluster, Craftsman
0.11 Acres 2,190 (approx) $255.71
1931
3 Total
Neighborhood
Room Information
Interior Features
Garbage Disposal, Washer, Dryer
Hardwood
Decorative
Exterior / Lot Features
3 Parking Spaces, Driveway
LAR1
Driving Directions
Arlington Ave., property located on east side of street.
Financial Considerations
5015029003
,$4,290
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90043 has a population of 3,804,503.

The median household income in Los Angeles, California 90043 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90043 is 34.1 years.

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Courtesy: Silicon Beach Real Estate Andrew Watkins
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