Condominium buy in Parklabrea California

This 4-plex is in a highly desirable area of Los Angeles that shows rent comps for 1beds at $2400 and 2beds at $2800. The current rents are low ($4,748 for the 3 rented units), but the upside is huge. The building is well maintained but not upgraded. There are 3x 2-bedroom 1-bath units and 1x 1-bedroom 1-bath. The 2 bedroom units are approximately 1400 sq. ft. The one bedroom unit is estimated at 1000 sq. ft. and will be left vacant for possible owner occupant. Each unit has a great amount of storage and a service porch area with a washer hookup and a water heater. Installation of the dryer hookups would be an easy conversion from the water heater gasoline. There are 5 garages for tenant parking. MLS® ID: 22190127 Listed: 8/14/22 Updated: 10/4/22 Interior Features Total Bedrooms: 7 Total Bathrooms: 4 Cooling: None Heating: Wall Furnace Exterior/Building Features Lot Size: 6,909 ft2 lot Other Property Details Area Name: C19 - Beverly Center-Miracle Mile Garage: Yes Garage Spaces: 5 Parking: Garage Parking Total: 5.0 View: Y County: Los Angeles Pool: No Total Stories: 2 Zoning: LARD2 Property History Date Event Price Value 9/15/22 Price Change $1,675,000 -4% Listed by Toya Mack, New Wave Property, Based on information from California Regional Multiple Listing Service, Inc. as of 10/4/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.