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    1333 Bates Ave

    Los Angeles, CA 90027
    • $2,200,000
    • STATUS: Active
    • ON SITE: 198 days
    • MLS #: 21-699018
    UPDATED: 20 min ago
    $2,200,000
    • 12
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,720
      SQFT
    • $591
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Description

    This rare fourplex in Los Feliz sits on a beautiful, quiet, and safe residential street. Built in 1988, all units are 3 bedrooms and 2 full bathrooms. Located in the hot sub-market of Los Angeles and within walking distance of the trendy restaurants and shops along Sunset Blvd (Silver Lake). Kaiser Permanente, Children's Hospital of Los Angeles, and Hollywood Presbyterian Medical Center are only a few blocks away. This is an amazing property that will be delivered with one unit vacant to allow the buyer to reap the upside benefits. Current rents have big upside potential for investors, especially with some updates/improvements to the original features. All units are individually metered for both gas and electricity. All units are on a month-to-month tenancy. Please do not disturb residents! Drive-by only, contact the listing agent before walking onto the property. The listing agent has partial ownership of the property.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T10:42:34.937. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/114630825
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    1333 Bates Ave Los Angeles, CA 90027

    • Price: $2,200,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 21-699018
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,720
    SQFT
    $591
    $/SQFT
    1988
    Built
    Neighborhood:
    Los Feliz
    County:
    Los Angeles
    Area:
    Los Feliz
    Property Description
    This rare fourplex in Los Feliz sits on a beautiful, quiet, and safe residential street. Built in 1988, all units are 3 bedrooms and 2 full bathrooms. Located in the hot sub-market of Los Angeles and within walking distance of the trendy restaurants and shops along Sunset Blvd (Silver Lake). Kaiser Permanente, Children's Hospital of Los Angeles, and Hollywood Presbyterian Medical Center are only a few blocks away. This is an amazing property that will be delivered with one unit vacant to allow the buyer to reap the upside benefits. Current rents have big upside potential for investors, especially with some updates/improvements to the original features. All units are individually metered for both gas and electricity. All units are on a month-to-month tenancy. Please do not disturb residents! Drive-by only, contact the listing agent before walking onto the property. The listing agent has partial ownership of the property.
    Exterior Features

    Levels Multi/Split Lot Size Area 6794 Other Structures None Parking Garage Assigned Total Parking 8 View Description City View YN Yes

    Interior Features

    Bathroom Features Shower And Tub Baths Total 8.00 Cooking Appliances Gas/Electric RangeOven-GasOven Cooling Air Conditioning Equipment RefrigeratorRange/Oven Fireplace Rooms BathDiningKitchen Heating Central Water Heater Features Water Heater Unit

    Property Features

    Assessed Total Value 497424 Gross Income 10748 Gross Operating Income 125568 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 79968.00 Number Of Buildings 1 Number Of Units 4 Owner Pays GardenerWater Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 45600 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Alexander Halimi DRE#01892171 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T10:42:34.937. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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