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Real Estate Listing at 2221 Addison Way, Los Angeles, CA, 90041 from The Knight Group LA

2221 Addison Way, Los Angeles, CA, 90041

The Knight Group LA
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$1,995,000
223 Days On Site

2221 Addison Way
Los Angeles, CA 90041

For Sale|Residential Income|Active
8
Beds
8
Full Baths
0
Partial Baths
5,144
SqFt
$388
/SqFt
1925
Built
County:
Los Angeles

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2221 Addison Way2221 Addison Way2221 Addison Way2221 Addison Way
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Monthly Payment (Est.)

$9,102
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

8 Unit income property in highly desirable Eagle Rock - a rare find in a market with extremely limited inventory. All units are 1 Bedroom 1 Bath. Four blocks from Colorado Blvd. Close to Occidental College. Six garages currently being used as storage for tenants. 6 uncovered parking spaces. All units separately metered for gas and electricity and all units have separate water heaters. Foundation bolting completed in 2013. Indicative of the strong rental demand in the local area, this property is fully leased. Upon unit turnover, this property presents an enticing 32% potential upside in rental income, making it a compelling opportunity for growth-minded investors. CONTACT LISTING AGENT FOR FULL OFFERING MEMORANDUM.

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Listing Snapshot
Price 
$1,995,000
Days On Site 
223 Days
Bedrooms 
8
Inside Area (SqFt) 
5,144 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.289 Acres
Year Built 
1925
MLS® Number 
24390355
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
5 months agoPrice changed to $1,995,000
7 months agoListing first seen on site
General Features
Acres 
0.289
Disclosures 
Familial Relation
Foundation 
Raised
Garage 
Yes
Parking 
Garage
Parking Spaces 
6
Security 
Smoke Detector(s)
Special Circumstances 
Standard
SqFt Total 
5144
Stories 
Two
Zoning 
LARD1.5
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Roof 
Tar/Gravel
Community Features
MLS Area 
618 - Eagle Rock
Listing courtesy of Gabriel Rudner of Aegis Management, Inc.
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Based on information from the The MLS as of 2024-12-22 01:23 AM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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