1457 RIDGE WAY

Estimated Monthly Payment: $5,472/mo 1457 RIDGE WAY, Los Angeles, CA 90026 MLS# 17193858 Residential Income Listing Status: Sold
3,356 sqft
187
5
0
0

REMARKS:

$200, 000 PRICE REDUCTION! We are pleased to present the Ridge Way Apartments: a four (4) unit multifamily investment opportunity located in Angelino Heights, a small sub-market of Echo Park in the county of Los Angeles. These craftsmen style duplexes were built in 1906 and 1913. Both buildings make up 3, 356 SF of living area. The property features two (2) spacious two bedroom / one bath units and two (2) one bedroom / one bath units and is situated on a 7, 419 SF lot zoned R-2.The property is separately metered for electricity and master metered for gas. Each unit has their own individual water heater. All units are currently occupied. The property is in an amazing location with tremendous rental upside that a new owner/investor can take advantage of by remodeling the interior and exterior of the building to achieve strong market rents.

OVERVIEW:

17-193858:CLAW
Residential Income
Sold
6/16/2017
Silver Lake - Echo Park
1913
3356
Garage, Other
Other
Other

FEATURES:

Other

FINANCIAL:

$1,200,000
$76,497

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Jonathan Prakash - Keller Williams Silicon Beach

 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 07/22/2017