James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

Real estate listing preview #1
listing
1 of 1
MultifamilyFor Sale
$795,000
5316 Ithaca Avenue
Los Angeles, CA 90032
Listing Office: The Real Estate Company JGK In
MLS: California Regional MLS (CRMLS)
9Beds
4Baths
3,500Sq Ft
Est. Mortgage
$4,204/mo

This 3 unit complex is located in desirable area of El Sereno. Fantastic unit mix with 1. 2 bed 2 bath home with a 1 car attached garage that can possibly be an ADU creating a 4th unit, 2. 3 bed 1 bath, and 3. 4 bed 1 bath. The layout is the 3 bed 1 bath is the bottom unit with parking. The 4 bed 1 bath is the top unit with parking. The 2 bed 2 bath is detached and located in the alley way with a garage and parking spot. Front 2 units are built in 1987 they don't fall under rent control. Rent control does not apply when the property is built after 1978. This will provide the opportunity to investors to increase the rent 5% plus CPI. The 3rd unit which is the home is built prior to 1978 and is rent control.

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Information courtesy of The Real Estate Company JGK In is subject to verification and is not guaranteed.
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