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Sold Date7/02/2021
Closed

6933 Glasgow AvenueLos Angeles, California CA90045

Listing IDIN21074357

3,491 SqFt 0.171 Acres

$1,645,000

New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance & Low Expenses. Tenants pay electric, Gas & Trash. owner pays Water & gardener only. Upgrades Include Mostly copper plumbing, All new double pane windows. Hardwood Floors. Prime Westchester Triangle area going thru lots of new development. LAR3 Zoning, Buyer to independently verify & Rely on, per L A city Build 9 units 'By Right' & 13 units due to transportation bonus zoning. Pride of ownership, Always in demand Low vacancy area. Proforma rents could give $132,000 per year income giving a Low 12.5 GRM. Convenient Central location giving easy access to LAX, 405 FWY, La Cienega and westside, South bay & Eastside Amenities. One Garage New owner can keep it or rent it out at $150-200/Mo.
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