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    1322 Manzanita Street

    Los Angeles (City), CA 90027
    • $1,450,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: SR21000078
    $1,450,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,342
      SQFT
    • $619
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    Description

    Introducing this prime investment opportunity in the historic neighborhood of Franklin Hills / Los Feliz neighborhood. It features a Single Family Home with 3 Bedroom / 2 Bath, a permitted ADU with 2 bed / 1 bath and a Jr Adu with 1 bed / 1 bath. Current GSI is $7,350/mth; $88,200/yr. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating Los Feliz market. Centrally located just under 15 minutes of to DTLA, Griffith Observatory, Kaiser Permanente, and the trendy neighborhood of Silver Lake. This property has an amazing potential!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T00:26:02.1. 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 Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/112952898
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    1322 Manzanita Street Los Angeles (City), CA 90027

    • Price: $1,450,000
    • Status: Active
    • ID#: SR21000078
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,342
    SQFT
    $619
    $/SQFT
    1905
    Built
    Neighborhood:
    637 - Los Feliz
    County:
    Los Angeles
    Area:
    637 - Los Feliz
    Property Description
    Introducing this prime investment opportunity in the historic neighborhood of Franklin Hills / Los Feliz neighborhood. It features a Single Family Home with 3 Bedroom / 2 Bath, a permitted ADU with 2 bed / 1 bath and a Jr Adu with 1 bed / 1 bath. Current GSI is $7,350/mth; $88,200/yr. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating Los Feliz market. Centrally located just under 15 minutes of to DTLA, Griffith Observatory, Kaiser Permanente, and the trendy neighborhood of Silver Lake. This property has an amazing potential!
    Exterior Features

    Carport Spaces 2 Carport YN Yes Lot Features Rectangular Lot Number Of Separate Electric Meters 2 Open Parking Spaces 2 Other Structures Guest House Parking Features CarportDriveway Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle View None View YN No

    Interior Features

    Appliances Gas OvenGas RangeMicrowaveRefrigerator Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Tile Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsHikingSidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 48600 Gross Scheduled Income 88200 Insurance Expense 0 Land Lease YN No Laundry Features Outside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional1031 Exchange Net Operating Income 88200 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4050 Trash Expense 0 Vacancy Allowance 3300 Water Sewer Expense 0 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Nestor Aguilar of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T00:26:02.1. 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 Zember Realty Group. Licensed in the State of California, USA.
     
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    Zember Realty Group
    1125 Linda Vista Dr.
    San Marcos CA, 92078