1501 N Commonwealth Avenue

    Los Angeles (City), CA 90027
    • $1,475,000
    • STATUS: Active Under Contract
    • ON SITE: 185 days
    • MLS #: 19466282
    Under Contract
    UPDATED: 45 min ago
    $1,475,000
    • 4
      BEDS
    • 0.13
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,810
      SQFT
    • $525
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Offering pride of ownership and terrific income potential, this handsome Spanish-style fourplex is situated on a sunny corner lot in prime Los Feliz. There are two detached plus two side-by-side units, each providing one bedroom, one bathroom, a front porch and small side yard. Nicely proportioned and rich in character, the apartment units have many original design details intact including arched pass-throughs and decorative molding. Flooring surfaces vary and include wood, tile and linoleum. The well-kept property is beautifully landscaped with drought-tolerant plantings. A pair of garages can be used for vehicles or storage. This desirable location places you around the corner from the historic Vista theater and all of Los Feliz Village, a lively scene of boutiques, dining, coffee houses and nightlife. Silver Lake's trendy Sunset Junction is nearby, along with the hiking trails of Griffith Park. Commuters enjoy quick access to the Metro station and several freeways.

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    Based on information from CARETS as of 2019-11-18T15:45:49.163. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.desertarealuxuryhomes.com/homes/94874543

    1501 N Commonwealth Avenue Los Angeles (City), CA 90027

    • Price: $1,475,000
    • Status: Active Under Contract
    • Updated: 45 min ago
    • MLS #: 19466282
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,810
    SQFT
    $525
    $/SQFT
    1922
    Built
    Neighborhood:
    Los Feliz (C22)
    County:
    Los Angeles
    Area:
    Los Feliz (C22)
    Property Description
    Offering pride of ownership and terrific income potential, this handsome Spanish-style fourplex is situated on a sunny corner lot in prime Los Feliz. There are two detached plus two side-by-side units, each providing one bedroom, one bathroom, a front porch and small side yard. Nicely proportioned and rich in character, the apartment units have many original design details intact including arched pass-throughs and decorative molding. Flooring surfaces vary and include wood, tile and linoleum. The well-kept property is beautifully landscaped with drought-tolerant plantings. A pair of garages can be used for vehicles or storage. This desirable location places you around the corner from the historic Vista theater and all of Los Feliz Village, a lively scene of boutiques, dining, coffee houses and nightlife. Silver Lake's trendy Sunset Junction is nearby, along with the hiking trails of Griffith Park. Commuters enjoy quick access to the Metro station and several freeways.
    Exterior Features

    Parking Spaces Total 2 Parking Type Garage Is Detached

    Interior Features

    Appliances DishwasherDryerGarbage DisposalRefrigeratorWasher Cooking Appliances Microwave Cooling Type Wall Or Window Units Heating Type Wall Heater Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Water Heaters YN Y

    Property Features

    Adjusted Gross Income 81192.00 Assessed Improvement Value 325000.00 Assessed Land Value 975000.00 Building Permit YN Y Country United States Of America Expense Gardener 500.00 Expense Insurance 1400.00 Expense Tax 13000.00 Expense Total Annual 17000.00 Expense Trash 1050.00 Expense Water 1050.00 Gross Operating Income 78756.00 Gross Rent Multiplier 18.17 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 61756.00 Number Of Buildings 3 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 1342.26 Unit Monthly Rent02 1676.44 Unit Monthly Rent03 1047.31 Unit Monthly Rent04 2700.00 Unit Projected Total Monthly Rent01 2400.00 Unit Projected Total Monthly Rent02 2500.00 Unit Projected Total Monthly Rent03 2100.00 Unit Projected Total Monthly Rent04 2700.00 Unit Total Monthly Rent01 1342.26 Unit Total Monthly Rent02 1676.44 Unit Total Monthly Rent03 1047.31 Unit Total Monthly Rent04 2700.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Zoning Lard1.5

    Listing provided courtesy of Tracy B Do DRE#01350025 of Compass and Melinda Rae CA DRE# 02011155 of Compass.


    Based on information from CARETS as of 2019-11-18T15:45:49.163. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260