Listed By:
Jonathan Jay with Bruce Jay Associates;
Address
2030 N Commonwealth Avenue, Los Angeles, CA
Price
$ 1,900,000
Property Attributes
  • MLS#22204069
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Feliz
  • Zip90027
  • StyleCraftsman
  • Price$ 1,900,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2940
  • Lot Size6,734 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

FIRST TIME ON MARKET!! A RARE OFFERING!! ORIGINAL CONDITION! Beautiful 3+2 with all the woodsy details craving a Buyer's Touch! Spacious Rooms, Hardwood floors throughout, AND TWO ONE BEDROOM UNITS IN BACK! One unit is rented for $1700 / month on a month to month tenancy. The Other One Bed Unit has had over $40,000 of Improvements Completed, and is held Vacant for the benefit of the Buyer! Many years of fully grown Lush Foliage keeps this diamond in the rough hidden from the Street View! This could be your Dream Home WITH great INCOME from the 2 Units in back (which are set apart and away from the Main Home, with Community Laundry!). Income Calcs below are based upon projected rents. Truly a smart Los Feliz Investment! Offers are all subject to the Seller performing a 1031 Exchange.

Price History
9/6/2023 Listed $1,900,000

General Features

Additional Parcels Y/N No
Appliances Disposal, Refrigerator
Architectural Style Craftsman
Association Y/N No
Attached Garage No
Cap Rate 5.36
Carport Y/N No
City Los Angeles
County Los Angeles
Days on Market 313
Directions See google Maps...Between Los Feilz Blvd. & Franklin Ave. Close to all the schools!
Garage Y/N No
Gross Income 127200.0
Heating WallFurnace
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 6733.0
MLS Area 637 - Los Feliz
Mobilehomeremainsyn No
Net Operating Income 101760.0
New Construction No
Occupancy Description Vacant
Private Pool No
Property Attached Y/N No
Property Type ResidentialIncome
Rent Control Y/N Yes
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Commonwealth
Total Units 3
View Y/N No
Waterfront Y/N No
Year Built 1961
Zoning LAR2

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Features DiningRoom, LivingRoom
Fireplace Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Total Baths 4
Total Bedrooms 5
Total Stories 2

Exterior Features

Living Area 2940.0
Building Area Total 2940.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.1546
Lot Size Area 6733.0
Lot Size Units SquareFeet
Number of Buildings 2
Open Parking Y/N No
Parking Features Driveway
Spa No
Total Parking 3.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90027

Price
AVG $5.84M
$1.9M
Visits
AVG 84
165
Data Provided by Inside Real Estate®
Year Built
AVG 1945
1961
Walkscore
AVG 83
90
Data Provided by Walkscore® not using MLS data