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2955 Allesandro Street
USD 1,195,000
Property ID: 24357835
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2955 Allesandro Street ,90039
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icon 6479 SqFt
icon Built in 1959
icon USD 184/SqFt
icon 0 Bed
icon 4 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
4
Interior Size
1435
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1959
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Detailed Introduction Of This Home
Fully renovated fourplex with $8869 in monthly income makes this a rare cash-flowing offering in red-hot Frogtown. Located half a block from the L. A. River bike path and "Best of LA" eatery Lingua Franca, the property is composed of four studio units, currently rented for $1554.80, $1895, $2000, and $1820 per month. In addition, there's a rear garage rented as an art studio for $1600/mo (possible ADU conversion, buyer to verify). The units are stylishly updated and renovated, with polished concrete floors, open shelving, butcher block counter tops, and stainless steel kitchen appliances. Each residential unit also comes with its own off-street parking space. There is a common laundry area and the property is secure and gated. Condition, area, and rental income all make this a fantastic entry-level rental property investment, or a tax-deferred exchange upleg. Please do not disturb the tenants.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
Cannot be empty
Email address is invalid Email address not authenticated!
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (14)
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2955 Allesandro Street
USD 1,195,000 0 Beds
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