1678 Roosevelt Avenue Los Angeles, CA $ 1,428,000
1678 Roosevelt Avenue
$ 1,428,000
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1678 Roosevelt Avenue

Los Angeles, CA, 90006
$ 1,428,000
Baths0.0 Sq 2,212

Monthly Estimate*

$ 9,975

1678 Roosevelt Avenue, Los Angeles, CA 90006 - Image 1
1678 Roosevelt Avenue, Los Angeles, CA 90006 - Image 2
1678 Roosevelt Avenue, Los Angeles, CA 90006 - Image 3
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,428,000. This 2,212 square foot home was built in 1905 on a lot size of 0.14.

Up and Coming Harvard Heights (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable Lower Interest Rate 1st Trust Deed Loan of about $350,000, with approximately 7 more years left on the Loan, available to the Buyer. This is a Superb Investment to start off with in 2024!

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Multi-Family Active

Price

$ 1,428,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman

Lot Size

0.14

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023321311

Features
General
Heating Wall Furnace
Zoning LAR2
Architectural Style Craftsman
Security Features Gated Community
Year Built 1905
Tenant Pays Electricity Gas
Levels Two
County Los Angeles
Net Operating Income 58812.0
Insurance Expense 1640.0
New Construction No
Property Type C
HOA / Comm Assn No
Facing Direction West
Status Active
City Los Angeles
Buyer Agent Compensation 1.75
View Y/N Yes
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 6039.0
Number of Units Leased 3
Street Name Roosevelt
Water Sewer Expense 3050.0
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Refrigerator
Total Stories 2
Air Conditioning Y/N No
Heating Y/N Yes
Street Suffix Avenue
Total Baths 0
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Exterior
Parking Features Gated
Lot Size Area 6039.0
Foundation Details None
Building Area Total 2212.0
Lot Size Acres 0.14
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Jonathan Jay

Listing Agent

Bruce Jay Associates

Broker

Affordability Calculator

$9,975
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,975
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2024$1,428,000 Listed Price

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1678 Roosevelt Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,428,000 with 2,212 sqft and a lot size of 0.14. 1678 Roosevelt Avenue is a studio with 0.0 baths and was built in 1905. The property's zip code is 90006 which is in Los Angeles, CA