2918 N Eastern Avenue
Los Angeles, CA 90032
- – beds
- – baths
- – sqft
- 7,000 sqft lot
- 1959 build
- – on site
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Big Bargain!!!! The perfect opportunity for small investment or Live in one unit and rent the other three units. This is the newly upgraded 4-unit multifamily property with two LA Section-8 units. All units have new wooden floor and granite kitchen counter top. Some units have new kitchen, cabinets, bathroom, windows, light fixtures, gas oven, & kitchen fans; Fresh interior and exterior paint. Owner pays for water and gardening. Tenants pay for gas, electricity, & garbage collections. Convenient to everywhere, easy access to 10 and 710 freeways, near Cal State University of Los Angeles, USC Health Sciences Campus, across the street from El Sereno Middle School, short distance to Downtown Los Angeles, public transportation, major employment, parks, restaurants, and shops; Always 100% occupied and currently rents are below market. All known electrical/plumbing/termite wood problems have been fixed. This property is to be sold "ASIS" condition. Seller will not pay for termite works. Seller will not pay for additional cost of compliance inspection and retrofit which had been paid by the seller two years ago. Buyer needs to accept current tenants or buy them out later. Rent increase 4% for 3 of the 4 units beginning 03/01/2020. The new total rent is $4,825.63 each month. One section-8 tenant already received section 8's approval for a bigger house. Please do not disturb or contact tenants, submit proof of funds, and all offers subject to interior inspection.
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Last updated Apr 2, 2024
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MLS# PW20019357 —
Walk Score®
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Soundscore™
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/21/20
Aug 21, 2020
|
Sold | CRMLS_CA | $800,000 | -7.9% |
|
4/24/20
Apr 24, 2020
|
Pending | CRMLS_CA | $869,000 | |
|
1/28/20
Jan 28, 2020
|
Listed / Active | CRMLS_CA | $869,000 | 24.5% (12.1% / YR) |