Estimation provided by Keller Williams Realty, LLC.
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Property Description
Arlington Heights 4 plex, ideally located appx 10 to 15 minutes to downtown Los Angeles. Each unit is a 2 bed 1 bath of appx 950 sf.. The total building is 3804 sf.. The interior condition is mostly original on each unit, upgrades have been done over the years to tub enclosures, and flooring. There are units 2103, 2105, 2107, and 2109. Units 2103 and 2019 are upstairs units and both have front and rear staircases. Each unit has a bedroom toward the back and a bedroom toward the front of the building. The upstairs units have their own private balconies accessed off of the front bedrooms facing 3rd Ave. Please make offers subject to interior inspection. Many interior photos were added on 12.20.21. Long time renters are paying $1000, $1,000, $1000, and $985 per unit per month. There are 4 detached garages with single doors and a concrete driveway for additional parking of another 4 plus cars. Front and rear fenced yards. The owner pays for the water bill which has been appx $850 to $1000 per month. Some units have double pane windows. There is only one water meter. The tenants pay electric and gas, individual meters are in place. The person that knew a lot about the property is no longer with us. Age of the electric and plumbing systems are unknown. Each tenant owns their own stove, refrigerator, washer and dryer. Take a look up third Ave and you will see the iconic Hollywood sign to the distant north. The property is part of the Rent Stabilization Ordinance.
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