4529 Colfax, Los Angeles, CA 91602

$2,200,000

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List Price
$2,200,000
Status
ACTIVE
MLS#
SR26152252
Year Built
2002
Lot Size
5,750
Acres
0.13
Lot Location
0-1 Unit/Acre
Days on Market
1
Property Type
Multifamily
Style
Traditional
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Generate solid income immediately with this turnkey investment within Studio City. Multi residential income property. 4 spacious units right in the heart of town. Close to everything, as it is centrally located. Absolute prime location. All 4 units are occupied and are 2 + 2. Each unit is approximately 1100+ sqft. Units are separately metered for gas and electricity. Every unit is equipped with in-unit laundry centers and newer central HVAC. First level units have large private patios and the upper units enjoy balconies facing the street view. Being 2002 built, the property is not subject to Rent Stabilization Ordinance,which puts this income property above the rest and makes it an easier investment choice. Eight parking spaces are available at the rear of the property. Please Do Not Disturb Occupants. Please Do Not walk on the property & please do not speak with tenants. Inspections only with accepted offer...

Additional Information

Appliances
Dishwasher, Electric Oven, Gas Cooktop, Microwave, Water Heater, Dryer, Washer
Pool Description
None
Fireplace Description
Gas, Gas Starter, Living Room
Heat
Central, Forced Air, Natural Gas
Cooling
Yes
Cooling Description
Central Air, Electric
View
None
Exterior Construction
Stucco
Roof
Composition
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Open Floorplan, Recessed Lighting, Main Level Primary, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$148,116
Operating Expense
38925

Listing courtesy of Listing Agent: Vartaz Minassian (TazTheRealtor@Gmail.com) from Listing Office: RE/MAX of Santa Clarita.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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.