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1980 Addison Way, Eagle Rock, CA 90041

6 Bed, 4 Bath Multi-Family Home For Sale

1980 Addison Way, Eagle Rock, CA 90041 House For Sale - MLS #318000789
Off the Market
$1,349,000
6
4
Multi-Family
4 Family
This listing is courtesy of Haik Alexanians from Green World Realty.

Property Description for 1980 Addison Way, Eagle Rock, CA 90041

Green World Realty is proud to present this lovely 4 unit complex in the highly sought after area of NELA known as Eagle Rock located within a short distance from the best Eagle Rock has to offer. Built in 1929 the property boasts 2 one (1) bedroom and one (1) bathroom units and 2 two (2) bedroom and one (1) bathroom units and is delivered fully occupied. Property has a 4 car covered garage with storage located at the rear the property. The Gross Income provided by the property is $5223* per month and has very little maintenance with its minimal front yard landscaping. The roof was redone in 2014 and the exterior stucco was redone in 2009. The rents are way below market which provides a new investor the potential to capitalize on improvements to the units and re-tenant the property. Centrally located in the area known as (NELA) NORTH EAST LOS ANGELES, this property is well positioned in a high density residential area with a high demand for rental properties. The property is conveniently located near trendy restaurants, taverns, shops, Trader Joes, Swork Coffee, Max City BBQ, Walts and the Yosemite Recreation Center. Easy Access to Downtown LA, Pasadena, Glendale.

Interior Details

3,232 sq. ft.
$417.39/sq. ft.
Sewer
Public

Exterior Details

0.15 acres
6,499 sq. ft.
4

Other Details

318000789
1929
4

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1     

Unit #2
Bedrooms: 2      Full / Half Baths: 1     

Unit #3
Bedrooms: 1      Full / Half Baths: 1     

Unit #4
Bedrooms: 1      Full / Half Baths: 1     

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Monthly Mortgage Payments

$6,128
$8,534

Town Description

Prior to the arrival of European settlers, the secluded valley below the San Rafael Hills that is roughly congruent to Eagle Rock's present boundaries was inhabited by the Tongva tribe, who hunted the...

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