1678 Roosevelt Avenue
Property Overview
MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
Home Details
- Property type
- Residential Income
- Year built
- 1905
- Living area
- 2,212 sq ft
- Lot size
- 6,039 sq ft
- Parking
- 4 spaces
- Stories
- 2
- Days on market
- 921
- MLS status
- Active
- Architectural style
- Craftsman
- Zoning
- LAR2
Features & Amenities
Appliances
- Refrigerator
Security
- Gated Community
Community, Schools & Utilities
Community
- View
- Yes
Utilities
- Heating
- WallFurnace
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 1678 Roosevelt Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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