2221 Addison Way, Los Angeles
Los Angeles Home For Sale
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.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90041
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- MLS® #:
- 24390355
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- Bedrooms:
- 8
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- Bathrooms:
- 8
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- Square Ft:
- 5,144
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- Lot Size:
- 0.29
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 2221 Addison Way, Los Angeles, (MLS® #24390355)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $2,100,000) | $1,995,000 | $105,000 (5.00%) |
Based on information from California Regional Multiple Listing Service, Inc. as of August 15th, 2024 at 3:21pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.