Address
3137 Perlita Avenue Atwater Village, CA
Price
$ 1,200,000
Property Attributes
- MLS#AR20249299
- TypeIncome
- CountyLOS ANGELES
- CityAtwater Village
- AreaAtwater
- Zip90039
- Style
- Price$ 1,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2812
- Lot Size5,397 SqFt
Listing Provided Courtesy Of:
Handoko Chen with GIG Real Estate Inc..
Property Description
First time for sale since 1991. 4-unit value-add apartment investment opportunity in Atwater Village area of Los Angeles (bordered by Los Feliz and Silver Lake). Based on rent comparable of upgraded units in the area, the offering provides a potential CAP Rate of over 8%. The property has new roof that was installed in 2017. The property is a 2-story garden style apartment that was built in 1961. It has an excellent unit mix of 2 x 2bedroom+1bathroom and 2 x 1bedroom+1bathroom units. It is situated on a 5,399 SF lot and offers 4 carport parking. There is no tuck-under parking which eliminates any soft-story retrofit requirements. It has shared laundry area in the back (seller own machines). Each unit is separately metered for electricity and gas. Each unit is occupied by long-time tenants that are on month-to-month lease. Each unit has windows A/C, wall heater, individual water heater, laminate kitchen countertop, and tiled bathroom. None of the units have been upgraded (unit #1 has updated flooring, the other 3 are on carpet).
| Price History | |
|---|---|
| 12/2/2020 | Listed $1,200,000 |
General Features
| Appliances | Gas Range |
|---|---|
| Assessments | Buyer to Verify |
| Attached Structure | Attached |
| Carport Spaces | 4.00 |
| Community Features | Urban |
| Cooling | Wall/Window Unit(s) |
| Directions | South of Glendale blvd |
| Flooring | Carpet, Vinyl |
| Garage Spaces | 0.00 |
| HOA Fee | 0.00 |
| Heating | Wall Furnace |
| Levels | Two |
| Listagentaor | Arcadia |
| Listing Agent | Handoko Chen - BRE#01749321 |
| Listing Agent State License | 01749321 |
| MLS Area | 606 - Atwater |
| Parking Features | Assigned |
| Pool Features | None |
| Price Per Square Foot | 426.74 |
| Property Attached Y/N | Yes |
| Sewer | Public Sewer |
| Source System | CRMLS |
| Special Listing Conditions | Standard |
| Total Units | 4 |
| Utilities | Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| Zoning | LARD2 |
Interior Features
| 1st Bedroom Area Unit Type | Square Feet |
|---|---|
| 2nd Bedroom Area Unit Type | Square Feet |
| 3rd Bedroom Area Unit Type | Square Feet |
| Air Conditioning Y/N | Yes |
| Appliances Y/N | Yes |
| Common Walls | 2+ Common Walls |
| Fireplace Features | None |
| Heating Y/N | Yes |
| Laundry Features | Common Area |
| Laundry Y/N | Yes |
| Number of Wall ACs | 4 |
| Range Count | 4 |
| Studio Area Unit Type | Square Feet |
| Total Stories | 2 |
Exterior Features
| Building Area Total | 2812.00 |
|---|---|
| Lot Features | Level with Street |
| Lot Size Acres | 0.1239 |
| Lot Size Area | 5399.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 5399.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Number of Separate Electric Meters | 5 |
| Number of Separate Gas Meters | 5 |
| Number of Separate Water Meters | 1 |
| Parking Y/N | Yes |
| Total Parking | 4.00 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90039
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of January 21, 2021 10:51 PM UTC 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.
