Los Angeles, CA 90011 4216 WOODLAWN Avenue
$980,000
17 more
Presented By: Daniel E. Rinsch with Berkshire Hathaway HomeServices California Properties;
- MLS# 24380435
- 04/16/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 4
Baths • 4
SQFT • 2,280
Home Details
ONE UNIT DELIVERED VACANT. Assumable loan at 2.625% - 4 Units Fully rented! Exceptional income! Excellent Income! Professionally Managed! 2,280 sf on 7,128 sf of land. Build an ADU! Rear of parcel allows for an additional unit/ADU. Existing 4 Units have 1 Bedroom/ 1 bath each. The are 2 freestanding units at the front of the property. The 2 Units at the rear of the property share one wall. 3 of the units are updated with laminate flooring, new tile and cabinetry as well as quartz countertops. (Reported rents are rounded to the nearest dollar. ) Long term tenant in front left unit.
Presented By: Daniel E. Rinsch with Berkshire Hathaway HomeServices California Properties;
Interior Features for 4216 WOODLAWN Avenue
Bedrooms
Total Bedrooms4
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Total Stories1
Window FeaturesDoublePaneWindows
Other Rooms
Entry Level1
General for 4216 WOODLAWN Avenue
Additional Parcels Y/NNo
AppliancesDisposal
Architectural StyleBungalow
Attached Garage No
Buyer FinancingCash
Cap Rate6.07
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
Construction MaterialsFrame
CoolingWallWindowUnits
CountyLos Angeles
Directions110 freeway/ Vernon Avneue
Electric On Property Y/NNo
Entry LocationGround Level w/steps
Facing DirectionWest
Full Baths
Garage Spaces0.0
Garage Y/NNo
Gross Income64536.0
HOANo
HeatingRadiant
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, FHA
Lot Size Square Feet7128.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income60492.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Occupancy TypeTenant
Open Parking Spaces8.0
Patio/Porch FeaturesRearPorch, FrontPorch
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, KeyCardEntry
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
ViewNone
Waterfront Y/NNo
Year Built1923
ZoningR2
Exterior for 4216 WOODLAWN Avenue
Building Area Total2280.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1636
Lot Size Area7128.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesAssigned, Driveway
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate