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    3103 8th Avenue

    Los Angeles (City), CA 90018
    • $875,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 21713090
    UPDATED: 66 min ago
    $875,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,560
      SQFT
    • $561
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Located in the burgeoning Jefferson Park section of Los Angeles, this rare 3-unit is perfect for an end-user or value-add buyer. All units are currently occupied with a monthly rent roll of $4,622. The property also features a 3-car covered garage and a gated fence. Current rents are collectively 15% below market value. Dubbed as the soul of the city because of its strong sense of community among its residents, Jefferson Park is an historic gem of a neighborhood. Situated right off the Santa Monica highway, residents can easily access any part of the city in minutes. One of the standout features of Jefferson Park is its gorgeous historic homes. The area is a mix of Edwardian, Art Deco, and Craftsman bungalow homes from the turn of the century.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T17:39:46.483. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/115650581
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    3103 8th Avenue Los Angeles (City), CA 90018

    • Price: $875,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 21713090
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,560
    SQFT
    $561
    $/SQFT
    1925
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Located in the burgeoning Jefferson Park section of Los Angeles, this rare 3-unit is perfect for an end-user or value-add buyer. All units are currently occupied with a monthly rent roll of $4,622. The property also features a 3-car covered garage and a gated fence. Current rents are collectively 15% below market value. Dubbed as the soul of the city because of its strong sense of community among its residents, Jefferson Park is an historic gem of a neighborhood. Situated right off the Santa Monica highway, residents can easily access any part of the city in minutes. One of the standout features of Jefferson Park is its gorgeous historic homes. The area is a mix of Edwardian, Art Deco, and Craftsman bungalow homes from the turn of the century.
    Exterior Features

    Entry Location Ground Level - No Steps

    Interior Features

    Appliances Gas Cooktop Flooring Wood Heating Baseboard Heating YN Yes

    Property Features

    Buyer Financing Conventional Community Features Gated Gross Income 55464 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 25536 Number Of Units Leased 3 Possession Close Of Escrow Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Total Actual Rent 55464 Vacancy Allowance Rate 0 Zoning Lar2

    Listing provided courtesy of Trevor Nelson of Trevor Carl Nelson


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T17:39:46.483. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
     
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