1678 Roosevelt Avenue, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1678 Roosevelt Avenue,Los Angeles, CA 90006
$1,245,000
- 4 Beds
- - Baths
- 2,212 sq. ft.
- Multi-family
- Active
Listed by:jonathan jay
Office:bruce jay associates
MLS#:CL23321311
Source:CA_BRIDGEMLS
Price summary
- Price:$1,245,000
- Price per sq. ft.:$562.84
About this home
STRONG RENTAL MARKET FOR THIS STATUESQUE APPROPRIATE TWO-STORY BUILDING! GREAT FOR A LONG-STANDING REAL ESTATE PORTFOLIO HOLDING! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
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Home facts
- Year built:1905
- Listing ID #:CL23321311
- Added:456 day(s) ago
- Updated:October 11, 2025 at 02:40 PM
Rooms and interior
- Bedrooms:4
- Living area:2,212 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1905
- Building area:2,212 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,245,000
- Price per sq. ft.:$562.84
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