1633 Rockwood Street, Los Angeles, CA 90026 (MLS # 20608086)

PRICE $2,040,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 8,277 sqft

Built in 1965, the building contains an excellent unit mix, consisting entirely of large two- and four- bedroom apartments, several of which are townhouse floorplans. Given the significant improvements in the Westlake rental market over the span of several years, current rents are now far below those of similar apartments in the area. A new investor may be able to capitalize on approximately 44% in rent upside, therebysignificantly improving their cash flow. The property is not on the LADBS seismic retrofit list, allowing a new owner to enjoy much lower deferred maintenance expenses. Although parking is often scarce in the immediate neighborhood, this property features several open on-site parking spaces. Laundry facilities at the property also provide an additional income stream for the owner. ***A four-bedroom apartment is currently being leased as two separate two-bedroom units.**

DAYS ON MARKET 21 LAST UPDATED 7/22/2020
YEAR BUILT 1965 COMMUNITY 671 - Silver Lake
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 671 - Silver Lake
GARAGE Assigned, Driveway
LOT 8276 sq ft
STORIES 2
ZONING LARD1.5
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by : Roderick 'Rick' Raymundo CalDRE: 01357019, Marcus & Millichap

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Based on information from California Regional Multiple Listing Service, Inc. as of 8/12/20 6:02 AM PDT 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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