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1678 Roosevelt Avenue, Los Angeles, CA 90006
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$1,245,000
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Home Details for 1678 Roosevelt Avenue
Price
$1,245,000
Type
other
Bedrooms
4
Total Bathrooms
4
Year Build
1905
Sq. Ft.
2212
Lot Size
0.1386
County
Los Angeles
MLS®️ Listing#
23321311
On exitrealty.com
149 days
Property Description
GRAND CURBSIDE APPEAL - ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR A LONG-STANDING REAL ESTATE PORTFOLIO HOLDING! (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!!!
- Cooling Information
- None
- Heating Information
- Wall Furnace
Listing Courtesy: Bruce Jay Associates - 323-660-3600. Presented by: Jonathan Jay
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-26 10:00:50 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,245,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.