Silva Babaian Realtor, Real Estate Agent, Granada Hills, CA
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    222 Roby Lane
    936 78th Street
    5251 Woodman Avenue
    2221 Addison Way, Los Angeles, CA 90041
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    4. 2221 Addison Way, Los Angeles, CA 90041
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    2221 Addison Way
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    • MLS#: 24390355 ( )
    • Street Address: 2221 Addison Way
    • Viewed: 5
    • Price: $1,995,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1925
    • Bldg sqft: 0
    • Days On Market: 242
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90041
    • Provided by: Aegis Management, Inc.
    • Contact: Gabriel Gabriel
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      8 Unit income property in highly desirable Eagle Rock a rare find in a market with extremely limited inventory. All units are 1 Bedroom 1 Bath. Four blocks from Colorado Blvd. Close to Occidental College. Six garages currently being used as storage for tenants. 6 uncovered parking spaces. All units separately metered for gas and electricity and all units have separate water heaters. Foundation bolting completed in 2013. Indicative of the strong rental demand in the local area, this property is fully leased. Upon unit turnover, this property presents an enticing 32% potential upside in rental income, making it a compelling opportunity for growth minded investors. CONTACT LISTING AGENT FOR FULL OFFERING MEMORANDUM.
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    Property Location and Similar Properties
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    Similar
    Features
    Building Area Total
    1. 5144.00
    Country
    1. US
    Foundation Details
    1. Raised
    Laundry Features
    1. None
    Levels
    1. Two
    Netoperatingincome
    1. 72578.00
    Parcel Number
    1. 5685005015
    Parking Features
    1. Garage
    Pool Features
    1. None
    Postalcodeplus4
    1. 2601
    Roof
    1. Tar/Gravel
    Security Features
    1. Smoke Detector(s)
    Sourcesystemkey
    1. 24-390355:CLAW
    Tenant Pays
    1. Gas
    2. Electricity
    Totalexpenses
    1. 67885.00
    Uncovered Spaces
    1. 6.00
    Year Built
    1. 1925
    Zoning
    1. LARD1.5
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    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836