4025 Halldale Avenue, Los Angeles, CA 90062

$999,988
List Price
$999,988
Status
ACTIVE
MLS#
MB22246448
Year Built
1914
Lot Size
6,700
Acres
0.15
Days on Market
10
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Triplex
Stories
Two Levels

Property Description

In high demand USC HUB, this trendy complex delivers 3 large units, all of which were fully remodeled and reconfigured the layout for the duplex to increase bedroom and bathroom count. All work was done with city agency permits, including the final certificate of occupancy for the newly built detached ADU. The property is an attached duplex & a detached ADU. Parking is not an issue, there is enough open space for the Occupant's convenience of not having to share parking accessibility. The combined SQFT of the entire property is now a 10 bed, 8 bath totaling 3998 SQFT. Unit 4025 is a 3 bed, 3 bath at approximately 1400 SQFT and currently leased at $3,000- Unit 4027 is a 4 bed, 3 bath with a deck at approximately 1750 SQFT currently leased at $3595. Unit 4027 1/2 (ADU) is a 3 bed, 2 bath at approximately 826 SQFT currently leased at $2,500. Recent upgrades from 2021: rewiring throughout all new units, upgraded electrical meter and panel for 3 units, new drywall throughout, new flooring throughout, new copper/pex plumbing throughout all units, supply and drainage, new recessed lighting in living spaces, new finish fixtures for plumbing, electrical, etc., new tubs, tile, showers, vanities, toilets, new vinyl windows throughout entire 3 units, new flooring, baseboards, moldings, new paint interior and exterior, new water mainline upgraded to copper, installed new water heaters for 3 units, tankless for the ADU, new kitchen cabinets & granite countertops. Plus, a legalized deck that offers a serene outdoor living space. Do not miss out on this opportunity-this property is perfect for an owner-user or income seeker in one of LA's trendiest neighborhoods. You will gain instant sustainable rental income-we welcome your 1031 exchange transaction. Commuters enjoy close proximity to USC Village with Trader Joe's & Target as the main Tenants for all your shopping needs, Metro Expo Lines, Lucas Museum (currently under construction), West Adams restaurants and coffee shops, and DTLA LA LIVE. This is the one-call today!

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Sewer
Public Sewer
Water
Private
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$107,940
Operating Expense
15099

Listing courtesy of Listing Agent: XIO SANDOVAL (xiothedeal@gmail.com) from Listing Office: CENTURY 21 REALTY MASTERS.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.