565 Margaret Avenue, Los Angeles, CA 90022

$950,000

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List Price
$950,000
Status
ACTIVE
MLS#
AR26058814
Year Built
1925
Lot Size
5,353
Acres
0.12
Lot Location
2-5 Units/Acre
Days on Market
132
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

This well-maintained property is conveniently located near schools, parks, and shopping. It features three 2bedrooms+1bathroom units at (565, 565 1/2, and 567). The front building consists of two units of 2bedrooms+1bathroom each, and the back building is a single-family residence of 2bedrooms+1bathroom, and a one-car attached garage. Each unit has its own utility. This property is located in a high-demand area, and the current rents are way below fair market rent. Drive by only. Do NOT walk on the property or disturb the tenants. Offer subject to interior inspection. Please note that the property may or may not be subject to rent control. Please check with the Los Angeles Housing Department and satisfy yourself before proceeding.

Additional Information

Pool Description
None
Cooling Description
None
View
None
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$51,720
Operating Expense
18963

Listing courtesy of Listing Agent: Kea Luu (kealuu@yahoo.com) from Listing Office: Keystar Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.