MICHELLE KAPLAN

BRE#01397047
Talk/Text (818) 515-9763

Click HERE to check out my mobile app
Email: michelle.kaplan@me.com

&nsbp;
$1,350,000

720 Milwaukee Avenue Los Angeles, CA 90042

Beds: 0
Baths: 0.00
Sq Ft: 0
Type: Residential Income
MLS#: CV18130714
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Hi, Michelle Kaplan.

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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

Great opportunity to own a 5 unit residential apartment located in highly desirable Highland Park area. Building 1 (#720) is a 2-bedroom, 1-bath, single story built in 1922; Building 2 (# 722-728) has four (4) 2-bedrooms, 1.5-baths townhouse style units that was built in 1964. Each unit is furnished with washer/dryer hookups and separately metered for gas and electric. It is a walking distance to groceries, restaurants, shops and caf along York Boulevard, and a short drive to the Metro Gold Line Station, Downtown L.A., Pasadena, Glendale and Eagle Rock. This property appeals to an investor and/or an owner-user looking to occupy one unit and rent out the other four units. Southern California apartment rents are expected to get even pricier over the next two years, as demand increases. In L.A. County, average rents in 2018 are forecast to hit $2,304, up 3% from previous year. In 2019, rents are expected to climb another 3% to $2,373. This is an opportune time for investors. Bring your investor-buyers. All tenants are currently on a month-to-month term. Please DO NOT disturb tenants - Drive by Only., Directions Take 110 Pasadena Exit Marmion Way, then L, continue to S Ave 64, L on York, then R on Milwaukee

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DescriptionInterior & Exterior Features

Interior Features Include:

Heating:
Source Wall Heater

Floor Type: Carpet, Tile


Exterior Features Include:


Fence Chain Link, Wood

Acreage: 0.1300 Acres

Lot:
Description Corner Lot, Near Public Transit
Square Feet 5605

Roof: Shingle

Garage/Parking:
Parking Off Street, On Site

Other Features Include:

Water: Public

Sewer: Sewer Paid

Pool: None

This Listing is Presented By
C23089

Michelle Kaplan

Cell: (818) 515-9763

Work: (818) 515-9763

Email: michelle.kaplan@me.com

 
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