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    3002 Farmdale Ave

    Los Angeles, CA 90016
    • $850,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: 20-620782
    Price Reduced
    UPDATED: 69 min ago
    $850,000
    • 3
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,620
      SQFT
    • $525
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Here's your chance to get into the West Adams district under $900k! This corner lot Spanish style property features a 2 Bedroom, 1 Bathroom Main House PLUS a 1 bedroom, 1 bathroom guesthouse. The front house is a FIXER in Original condition with character details such as a sunken living room, vaulted arched ceilings with wood beams, breakfast nook & a decorative fireplace. The front house is currently tenant occupied, but can be delivered vacant at close of escrow. The rent is ~$2,000/mo. The guest house features an updated kitchen and bathroom. The guest house is currently owner occupied and CAN be delivered vacant OR with the owner to remain in place at market rent. The property is gated with a carport and is centrally located close to all of the amenities that this highly desirable West Adams neighborhood has to offer.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T19:42:28.773. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109251621
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    3002 Farmdale Ave Los Angeles, CA 90016

    • Price: $850,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: 20-620782
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,620
    SQFT
    $525
    $/SQFT
    1929
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Here's your chance to get into the West Adams district under $900k! This corner lot Spanish style property features a 2 Bedroom, 1 Bathroom Main House PLUS a 1 bedroom, 1 bathroom guesthouse. The front house is a FIXER in Original condition with character details such as a sunken living room, vaulted arched ceilings with wood beams, breakfast nook & a decorative fireplace. The front house is currently tenant occupied, but can be delivered vacant at close of escrow. The rent is ~$2,000/mo. The guest house features an updated kitchen and bathroom. The guest house is currently owner occupied and CAN be delivered vacant OR with the owner to remain in place at market rent. The property is gated with a carport and is centrally located close to all of the amenities that this highly desirable West Adams neighborhood has to offer.
    Exterior Features

    Covered Parking 2 Entry Location Living Room Levels One Lot Description Fenced Lot Location Corner Lot Lot Size Area 3781 Other Structures Guesthouse Parking Garage CarportDrivewayOn StreetConverted Garage Pool Description None Pool YN No Roof Tile Spa None Spa YN No Style Spanish Tennis Court None Tennis YN No Total Parking 4 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 2.00 Bedroom Features All Bedrooms Down Cooking Appliances Cooktop - GasRange Hood Cooling None Den No Dining Room No Equipment Garbage Disposal Family Room No Fireplace Rooms Living Room Flooring LaminateTileOther Foundation Details Raised Heating Wall Kitchen Features Granite Counters Laundry In UnitInsideLaundry Area Rooms Guest HouseLiving RoomBreakfast Area Water Heater Features Gas

    Property Features

    Assessed Total Value 492787 Gross Income 40800 Gross Operating Income 40800 Like Units1 1 Like Units2 1 Net Operating Income 39576.00 Number Of Buildings 2 Number Of Units 2 Property Condition FixerUpdated/Remodeled Sale Type Standard Security Features Gated Sewer In Street Source Living Area Owner Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 1200 Type Of Units Guest House Water Public Water Heaters YN Yes Year Built Source Assessor Zoning Lar1

    Listing provided courtesy of Tia Hughes DRE#01839465 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T19:42:28.773. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
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    Valencia CA, 91355