1129 N Rowan Avenue Los Angeles, CA 90063

$700,000
1129 N Rowan Avenue, Los Angeles, CA 90063
SB18164119

Apartment for sale in Los Angeles, CA

for $700,000. This apartment was built in 1929 on a lot size of 4509.00 Sqft..

Property Information

  • $700,000
  • Apartment
  • Active
  • Lot size of 4509.00 Sqft.
  • Built in 1929
  • Los Angeles, CA
  • East L.A. Neighborhood
  • Los Angeles County
  • MLS/Web ID is SB18164119
  • Just Listed

Description

Prime City Terrace Location, South of 10 Freeway and minutes from Downtown and California State University of Los Angeles. The Rowan Apartments is located in the unincorporated section of Los Angeles, just East of downtown Los Angeles and just blocks from the 5, 10, 60, 101 and 710 Freeways.This Non-Rent Controlled property consist of four 1 Bed/1 Bath units (two converted units) with 2, 120 of rentable square feet of living space, and a large lot size of 4, 505 square feet. The current property rents are significantly below market, creating a repositioning opportunity to generate strong cash flows and investment yields. The property is individually metered for electric and gas with the current owner paying the utilities. There's a garage on-site with tenants utilizing street parking.

Interior 1

Water Source

  • Public Water

Exterior 1

Garage

  • 1 Car

Miscellaneous 2

Commercial

  • Street Parking

Location

  • Urban

† Excluded Feature

Listed By

Broker: GIBRALTAR INVESTMENT PARTNERS INC

1129 N Rowan Avenue, Los Angeles, CA, 90063 is a Apartment for sale at $700,000 with a lot size of 4509.00 Sqft.. 1129 N Rowan Avenue has 0.0 baths and was built in 1929. The property's zip code is 90063 which is in Los Angeles, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $2,297,897 228 % above $1,099,000 57 % above

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

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