1980 Addison Way, Eagle Rock, CA 90041

List Price
Year Built
Lot Size
Lot Location
Lot Shape-Rectangular
Days on Market
Property Type
Two Level

Property Description

Green World Realty is proud to present this lovely 4 unit complex in the highly sought after area of NELA known as Eagle Rock located within a short distance from the best Eagle Rock has to offer. Built in 1929 the property boasts 2 one (1) bedroom and one (1) bathroom units and 2 two (2) bedroom and one (1) bathroom units and is delivered fully occupied. Property has a 4 car covered garage with storage located at the rear the property. The Gross Income provided by the property is $5223* per month and has very little maintenance with its minimal front yard landscaping. The roof was redone in 2014 and the exterior stucco was redone in 2009. The rents are way below market which provides a new investor the potential to capitalize on improvements to the units and re-tenant the property. Centrally located in the area known as (NELA) NORTH EAST LOS ANGELES, this property is well positioned in a high density residential area with a high demand for rental properties. The property is conveniently located near trendy restaurants, taverns, shops, Trader Joes, Swork Coffee, Max City BBQ, Walts and the Yosemite Recreation Center. Easy Access to Downtown LA, Pasadena, Glendale.

Additional Information

Clay, Flat

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Calculator source: Real Geeks

Listing courtesy of Haik Alexanians from Green World Realty

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.