4432 Wesley, Los Angeles, CA 90037
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$ 1,250,000
Est. payment | /mo

7,832 Sqft Lot


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$ 1,250,000
Est. payment | /mo
Save

7,832 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26199841

HOA Y/N No

Year Built 1912

Lot Size 7,832 Sqft

Property Sub-Type Mixed Use

Property Description

Prime Investment Opportunity and income producing property. This well-kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath) with long term tenants. Six of the eight tenants have been living here for ten plus years. All remodeled extensively around Eight years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 5 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for the new buyer. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Interior Features Balcony, Multiple Staircases

Heating Wall Furnace

Cooling None

Flooring Concrete, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Oven

Laundry In Kitchen

Exterior

Pool None

Community Features Curbs

Utilities Available Natural Gas Available, Sewer Connected, Water Available

Accessibility Other

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5018001014

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Edwin Valiente Tri-Pillar Realty 323-443-4599, DRE #01834129

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4432 Wesley