$1,275,000

521 N Avenue 50

Los Angeles CA, 90042

Description

Turnkey move-in-ready investment opportunity in Highland Park! Come see this contemporary and remodeled 3 unit multifamily property, just down the street from the highly desirable York Blvd area with hip restaurants, trendy coffee shops, and much more. The main house features two modern units (one on the first floor and one on the second floor) with wood laminate floors, beautiful beamed ceilings on the first floor, chefs kitchens, spacious living areas, and great sized bedrooms. The third unit is a detached 2 bed/1 bath with a beautiful kitchen with mosaic tile backsplash, stone counters, and an updated bathroom. Perfect to live in one and rent out the other two or rent out all three for a steady stream on passive income. All units are separately metered, have laundry hooks and there is a newly stamped parking area with plenty of space for residents. With the potential to add more units (buyer to verify) and less than a mile from the Highland Park Gold Line for easy access anywhere, you wont want to miss this one!

Details

MLS#SR21027363
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1923
Days On Site20

Features

SQ Feet2,724
Units3
Building(s)1
Water FrontNo
Property ViewYes
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Area Information
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90042
Area632 - Highland Park
Listing VS Median (in 90042)
Price:
$1,275,000
low | high
Med:
$899,000
79.490196078431% of Average
SqFt:
2,724
low | high
Med:
962
100% of Average
$ / SqFt:
$468
low | high
Med:
$935
49.655619420325% of Average
On Site:
20
low | high
Med:
37
54.054054054054% of Average
Listing Updated: February 9, 2021 5:37:24 PM PST
Eric Delgado LogoMLS Number: SR21027363
Listing Provided By:
Eric Delgado  of  Keller Williams Encino-Sherman Oaks
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.