3319 Berkeley Avenue, Los Angeles, CA 90026 (MLS # 20609686)

PRICE $2,065,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 7,496 sqft

4.29% CAP Rate on in Place Rents! Motivated Seller and Priced to Sell! Over 50% Rental Upside Potential! 3319 & 3321 Berkeley Ave is a unique double parcel property for sale in the heart of Silver Lake and the famous Sunset Junction! 3319 Berkeley Ave contains 6 individual bungalow units built in 1924 on one parcel, and 3321 Berkeley Ave is a separate 2+1 single family residence (SFR) on a separate parcel built in 1940. All the units have their own water heaters and are individually metered for gas & electric. This is a very low maintenance property with minor operating expenses. Street parking only with no soft story retrofit required; however, plenty of street parking available. The 2+1 SFR is non-RSO and is not under any city rent control laws, making this perfect for value-add investors or an owner user to collect healthy rental income year one. Do not miss this opportunity to buy this cash flowing property in arguably one of the best rental markets in LA!

DAYS ON MARKET 8 LAST UPDATED 7/27/2020
YEAR BUILT 1924 COMMUNITY 671 - Silver Lake
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA 671 - Silver Lake
GARAGE None
HEAT Wall Furnace
LOT 7496 sq ft
STORIES 1
ZONING LARD2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by : Kamfar Kyle Mirrafati CalDRE: 01911204, Matthews Real Estate Investment Services

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 8/3/20 6:49 PM 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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