Courtesy of: Alexander Gingrich 01797428 | Dilbeck Real Estate
Purchase Type: Sale
MLS ID: PF22002353
Days On Market: 8
Year Build: 1963
Lot size: 0.143
Status: Active Under Contract
Property Type: Residential Income
Property Subtype: Quadruplex
New Construction: No
Heating: Forced Air, Wall Furnace
Swimming Pool: No
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Address: 7614 Mason Avenue
County: Los Angeles
Neighborhood: Win - Winnetka
Pool Features: None
Bread and butter quadraplex in Winnetka. Great unit mix, (1) 3+2 $1,875; (1) 2+2 $1,900; (2) 1+1 $1,500 and $1,200, total gross rent is $6,475. Rents are well below market. Two units are updated, seller is offering $30k credit towards updating the other two units. Copper plumbing replaced in the whole building. 5 garage spaces. A coin operated laundry facility is on site. Tenants pay for all utilities except water. The property is located just over 2 miles from The Village on Topanga, and only 1.5 miles from Pierce College. At this price point, this is a great additional to any portfolio or an ideal option for first time investors.
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