4719 8th Avenue
Los Angeles, CA 90043
- – beds
- – baths
- – sqft
- 7,000 sqft lot
- 1920 build
- – on site
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4719 8th Avenue is an outstanding investment opportunity. The property has over 2,600 square feet of rentable space and is located on a very large 7,000 square foot lot. This asset is located just blocks from the brand new Leimert Park metro station (currently under construction) affording tenants access to the entire city without a car. There is ample parking onsite with each tenant having two spaces. The units are individually metered for gas and electricity, and each has its own water heater - keeping utility costs low for the new owner. The property recently features attractive new landscaping and brand new exterior paint. Located in the dynamic and hot rental market of Leimert Park, tenants will be able to enjoy the a diverse collection of shops, cultural activities, restaurants and more.With a projected upside in rents of 38%, this property will be a great addition to any investor's portfolio, both seasoned and new investors alike.
Listed By CRMLS_CA / Josh Cohen / Keller Williams Beach Cities
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Last updated May 2, 2024
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MLS# SB17247187 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/2/20
Mar 2, 2020
|
CRMLS_CA | $850,000 | ||
2/12/20
Feb 12, 2020
|
CRMLS_CA | $850,000 | ||
1/25/20
Jan 25, 2020
|
CRMLS_CA | $850,000 | 9.0% (4.6% / YR) |