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For Sale

$1,295,000

2,212 sqft$585/sqft61 days on market

1678 Roosevelt Avenue

Los Angeles, CA 90006

· 8% down, 7% APR, 30yr fixed

4

Beds

4

Baths

2,212

Square feet

1905

Built

Listing narrative

Description

GRAND CURB APPEAL! STATUESQUE AND IMPRESSIVE STRUCTURE DESIGN! PRIDE OF OWNERSHIP! Owner Financing Available! STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (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 LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!

Listing agent (MLS): Jonathan Jay · Listing brokerage (MLS): Bruce Jay Associates

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,295,000

Beds

4 bd

Type

House

Home Size

2,212 sqft

Baths

4

Lot Size

0.14 acres

Year

1905

Status

For Sale

Days on Market

61

$ / Sqft

$585

· 8% down, 7% APR, 30yr fixed
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Courtesy of Bruce Jay Associates