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    3612 Veteran Ave

    Los Angeles, CA 90034
    • $1,285,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: 20-607012
    UPDATED: 31 min ago
    $1,285,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $643
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    Charming two bedroom Spanish style home with duplex at the rear of the property. Prime Westside location. House has fireplace, hardwood floors and sunny breakfast nook in the kitchen. Storage room in the rear structure also has laundry hookups. The rear units consist of a 2+1 rented for $2,195, and a single rented for $1,445. The house is currently rented for $2,792. With the additional rental of the two one-car garages at $150/mo each, the annual gross income for this property would be over $80,000/yr. Conservative projections of upside rental rates (see projected rents) would provide income over $90,000/yr. This property would return a significant positive cash flow with as little as 25% down! Excellent investment opportunity in prime Westside neighborhood of Palms. Perfect upleg property for 1031 buyer or good for owner/occupant with rental income to offset the mortgage payments.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T14:43:04.87. 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/108080951
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    3612 Veteran Ave Los Angeles, CA 90034

    • Price: $1,285,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 20-607012
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,000
    SQFT
    $643
    $/SQFT
    1954
    Built
    Neighborhood:
    Palms - Mar Vista
    County:
    Los Angeles
    Area:
    Palms - Mar Vista
    Property Description
    Charming two bedroom Spanish style home with duplex at the rear of the property. Prime Westside location. House has fireplace, hardwood floors and sunny breakfast nook in the kitchen. Storage room in the rear structure also has laundry hookups. The rear units consist of a 2+1 rented for $2,195, and a single rented for $1,445. The house is currently rented for $2,792. With the additional rental of the two one-car garages at $150/mo each, the annual gross income for this property would be over $80,000/yr. Conservative projections of upside rental rates (see projected rents) would provide income over $90,000/yr. This property would return a significant positive cash flow with as little as 25% down! Excellent investment opportunity in prime Westside neighborhood of Palms. Perfect upleg property for 1031 buyer or good for owner/occupant with rental income to offset the mortgage payments.
    Exterior Features

    Covered Parking 2 Direction Faces West Garage Structures Total 2 Levels Multi/Split Lot Size Area 4662 Other Structures Shed(S) Parking Garage DrivewayGarage - 2 CarGarage Is Detached Style Spanish Total Parking 4 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 3.00 Common Walls Attached Cooling None Equipment DryerDishwasherBuilt-InsRefrigeratorRange/OvenMicrowave Flooring Mixed Heating Combination Laundry Room

    Property Features

    Assessed Total Value 681821 Gross Income 77184 Gross Operating Income 77184 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 77184.00 Number Of Buildings 2 Number Of Units 3 Owner Pays WaterGardener Sale Type Standard Security Features Gated Sewer In Street Paid Source Living Area Estimated Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityCable Tv Total Annual Expense 0 Type Of Units Sfr + Dplx Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard2

    Listing provided courtesy of Martin Feinberg DRE#00977561 of Keller Williams-Santa Monica.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T14:43:04.87. 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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    Valencia CA, 91355