$1,349,000 1980 Addison Way Eagle Rock, CA

MLS: 318000789   Type: Income   County: Los Angeles   City: Eagle Rock   Zip: 90041   Style: Spanish  

Mortgage $6,333 /mo



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Green World Realty is proud to present this lovely 4 unit complex in the highly sought after area of NELA known as Eagle Rock located within a short distance from the best Eagle Rock has to offer. Built in 1929 the property boasts 2 one (1) bedroom and one (1) bathroom units and 2 two (2) bedroom and one (1) bathroom units and is delivered fully occupied. Property has a 4 car covered garage with storage and laundry area located at the rear of the property. The Gross Income provided by the property is $5313* per month and has very little maintenance with its minimal front yard landscaping. The roof was redone in 2014 and the exterior stucco was redone in 2009. Ideal for an owner to occupy 1 unit and collect rental income from the rest. There is great potential to increase rents to capitalize on improvements to the units and re-tenant the property. Centrally located in the area known as (NELA) NORTH EAST LOS ANGELES, this property is well positioned in a high density residential area with a high demand for rental properties. The property is conveniently located near trendy restaurants, taverns, shops, Trader Joes, Swork Coffee, Max City BBQ, Occidental College and the Yosemite Recreation Center. Easy Access to Downtown LA, Pasadena, Glendale.

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Price History

3/5/2018 Listed $1,349,000

Distance to Beach (Mi) 0.00
Green Certification Rating 0.00
Green HTA Index 0
Green Year Certified 0
Levels Two Level
Property Type Residential Income
Zoning LAR1

Interior Features

Bed 1 Sq Ft 0
Bed 2 Sq Ft 0
Bed 3 Sq Ft 0
Common Walls Attached
Cooling Wall or Window Units, Window Unit(s)
Elevators Y/N N
Fireplace Y/N N
Heating Wall Heater
Number of Carpeted Floors 0
Number of Dishwashers 0
Number of Disposals 0
Number of Drapes 0
Number of Ranges 0
Number of Refrigerators 0
Number of Wall ACs 0
Studio Sq Ft 0
Unit 10 Type 0
Unit 11 Type 0
Unit 12 Type 0
Unit 13 Type 0
Water Heaters Y/N Y

Exterior Features

Lot Size Area 6499
Number of Buildings 1
Number of Patios 0
Number of Rented Garages 0
Parking Type Garage
Roof Clay Tile, Flat Roof
Sewer Sewer
Spa N
Total Garages 0
View Hills View
View Y/N Y
Water District LADWP

Property Schools

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Gallery (48 photos)

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Property vs Zip Code Avg (90041)

Price 1.34M Avg 1.09M

Sqr Feet 3,232 Avg 1,830

Cost / Sqr Ft $417 Avg $601

Acres 0.15 Avg 0.15

Visits 9 Avg 10

Days on Site 51 Avg 33

Walkscore® 76 Avg 73

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Listing Provided Courtesy Of: Haik Alexanians with Green World Realty

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Location & Address

Scott Shambley - BRE#01946228
2603 Camino Ramon Suite 200
San Ramon, CA