4432 Wesley AVE Active

Los Angeles,CA 90037

$ 1799900

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25075677

Construction Status Additions/Alterations,Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1912

Lot Size 7,832 Sqft

Property Sub-Type Apartment

Property Description

Great Investment Opportunity......fantastic income producing property. This well kept low maintenance 8 Unit apartment building consisting of 6 Units (2 bedrooms, 1 bath) and 2 Units (1 bedroom 1 bath). All remodeled extensively around seven years ago, newer electrical, plumbing, interior and exterior, newer kitchens, bathrooms, tile, carpet, laminate flooring throughout, and much more. The roof on both buildings was replaced around 4 years ago and foundation reinforced. All units have their own water shut off valve and seven of the eight water heaters have been replaced. Rents are currently below market value, allowing upside in rental income for a new buyer with these long term tenants. There is 4 units facing Wesley Ave and the other 4 units facing Hoover St. All separate electrical and gas meters. Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR3

Interior

Interior Features Balcony,Multiple Staircases

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet,Tile

Fireplaces Type Primary Bedroom

Fireplace Yes

Appliance Gas Water Heater

Laundry In Kitchen

Exterior

Parking Features None

Fence Chain Link,Wrought Iron

Pool None

Community Features Street Lights,Sidewalks

View Y/N Yes

View Mountain(s),Neighborhood

Roof Type Shingle

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Additions/Alterations,Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 5018001014

Security Features Window Bars

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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