Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1944
Sq.Footage
N/A
Rare 4 unit property in the best part of Bixby Knolls on the market for the first time in 40 years. 100% 2 bedroom 1 bath units with over 800 square feet each. Huge 40% upside in actual rents to a market GRM of 10.7X and a 6.0% cap rate. Huge lot of nearly 8000 square feet plus a separate structure with two 2 car garages and a laundry room for extra income. Separately metered for gas and electric with individual water heaters for each unit. Incredible location in one of the best neighborhoods of Bixby Knolls. Only 2 blocks from Virginia Country Club, 2 blocks from Scherer Park. Located on a quiet residential side street, but a quick walk to retail and restaurants on Atlantic.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Stucco
-
Parking
Garage Faces Rear
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Features
Rectangular Lot
-
Lot Size(acres)
0.1815
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$1,300,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Raised
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
50
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Anthony Walker , Buckingham Investments, Inc
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