$1,480,000
$1,480,000
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1980 Addison WAY Eagle Rock, CA 90041
6,499 Sqft Lot
Key Details
Sold Price $1,480,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD24169124
Sold Date 10/02/24
HOA Y/N No
Year Built 1929
Lot Size 6,499 Sqft
Property Description
Incredible investment opportunity to own a lovely 4-unit complex in the highly sought after area of NELA Know as Eagle Rock. The property boasts two spacious (2Bedroom, 1 Bath Units) and two (1Bedroom, 1 Bath units) and is delivered fully occupied. 3,232 SQFT of living area with a 6,501 SQFT Lot. Property has Four (4) covered car garages and a Storage/Laundry area. Low maintenance property with minimal landscaping, the roof was redone in 2014.
Huge upside potential for rent increase. Well positioned in a high-density residential area with high demand for rental properties, the property is conveniently near restaurants, taverns, shops, Trader Joes, Occidental College and Yosemite Recreation Center with easy access to Glendale, Burbank, Los Angeles and Pasadena.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Zoning LAR1
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description Agricultural
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5685008027
Acceptable Financing Cash to New Loan, Owner Will Carry
Listing Terms Cash to New Loan, Owner Will Carry
Financing Conventional
Special Listing Condition Standard
Lease Land No
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Bought with Lida Avedissian • Coldwell Banker Hallmark