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...
| MLS # | SR26152252 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2002 |
| Days On Site | 38 |
| Listing Provided By | RE/MAX of Santa Clarita | Vartaz Minassian |
| SQ Feet | 4,469 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.13 |
| Property View | None |
| Cooling | Central Air, Electric |
|---|---|
| Heating | Central, Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Balcony, Open Floorplan, Recessed Lighting, Main Level Primary, Walk In Closets |
| Window Features | Double Pane Windows, Screens |
| Appliances | Dishwasher, Electric Oven, Gas Cooktop, Microwave, Water Heater, Dryer, Washer |
| Fireplace Yes / No | Yes |
| Roof | Composition |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco |
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre |
| Fencing | Block, Wood |
| Parking Features | Assigned, Asphalt, One Space, Tandem, Uncovered |
|---|---|
| Garage Yes / No | No |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Electric | Electricity On Property |
| Sewer | Public Sewer |
| Community Features | Suburban, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91602 |
| Area | 699 Not Defined |
| Listing VS Median (in 91602) | |
Price: $2,200,000 low | high Med: $675,000 sqft: 4,469 low | high Med: 1,186 $ / sqft: $492 low | high Med: $569 On site: 38 low | high Med: 197 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91602 |
| Area | 699 Not Defined |
| Listing VS Median (in 91602) | |
Price: $2,200,000 low | high Med: $675,000 sqft: 4,469 low | high Med: 1,186 $ / sqft: $492 low | high Med: $569 On site: 38 low | high Med: 197 | |
![]() | $3,275,0004527 Simpson AvenueStudio City, CA 91607 |