$998,000
For Sale

4043 Cumberland Avenue

Los Angeles, CA 90027
0.15 acres | #OC24254016
Listing OfficeRealty One Group West
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Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Prime residential location. This unique 3 unit Craftsman style income producing property is ideally located in one of the most sought-after areas of Los Angeles, the coveted Los Feliz community. This is an extremely desirable, quiet, low density, tree lined single family neighborhood at the base of the historic Franklin Hills. Los Angeles County identifies this property as a 5 BR/3 BA Multi-family 3 unit triplex. All units have individual P.O. addresses and utilities are separately metered. Each unit has it's own water heater and private laundry. Landlord pays for water & sewer. Current configuration is two buildings plus detached 2 car garage. Front home has two units: unit 1 is two story, 1,315 sf, 2 Br/Den (Den could be used as a bedroom) with 1.5 Ba, unit 2 is a single story studio, 517 sf, with 1 Ba. Unit 3 is a single story bungalow, 665 sf, 2 Br with 1 Ba. Total square footage is approximately 2,500 sf. and the lot is 6,576 sf. Detached 2 car garage is currently being used as storage/work space. All tenants have been well established on the property for many years and are current on all rents. Walker's Paradise. Great opportunity for a stable, income producing asset in a prime, high demand residential location. Being sold with tenants in place, and in its current "as is" condition, no repairs or warranties.

  • Property Details
      • Lot DescriptionRectangularLot
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #OC24254016
      • MLS #OC24254016
      • Original List Price$998,000
      • Property SubtypeTriplex
      • Utility SourcePublic
      • Cost998000
      • Acres0.151
      • Year Built1920
      • Stories2
      • Parking Spaces2

Location

Adolph JamesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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