3905 Woolwine Drive Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID BB24227406
Year Built 1948
Lot Size 4,617 Sqft
Property Description
Introducing an amazing deal on a great fourplex in vibrant, unincorporated City Terrace, near the 10 and 710 freeways, Downtown LA, USC's Keck Medical Center and Cal State LA, where students and staff make ready renters. TWO units will be delivered vacant, including the largest unit: the main house with 2 bedrooms, 1 bathroom, a dedicated laundry area and a bonus room (no closet) that can serve as a 3rd bedroom or home office -- making this an ideal investment for savvy owner-occupant house hackers ready to try to their hand at property management while living on the premises. The other three units are all 1 bedroom + 1 bathroom apartments, two of which are occupied and will be delivered with their tenants. Built in 1948, this quad is spread between two buildings separated by a courtyard, each with its own separate gas, electric and water meters. Three off-street, secure parking spaces are also included, as are the existing appliances. Many upgrades have been made, including foundation reinforcement and newer kitchens and bathrooms in some of the units. At under $1 million -- $250K per unit! -- this is the best priced property in the area that any investor would be lucky to have in their portfolio.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplaces Type None
Laundry Stacked
Exterior
Parking Features None
Pool None
Community Features Urban
Utilities Available Sewer Available,Water Available
View Y/N Yes
View City Lights
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan,Conventional,Submit
Listing Terms Cash,Cash to Existing Loan,Conventional,Submit
Special Listing Condition Standard