Los Angeles, CA 90029 1116 N Madison Avenue
$1,280,000
0 more
Presented By: Claudia Hipolito with Coldwell Banker Realty;
Home Details
IT'S TIME...to take ownership of this terrific 4-unit investment property (single free-standing home + 3 units; 6 BR/4 bath total). IT'S TIME...for an actual non-fictional, no-hype, priced-to-sell, Silver Lake/Virgil Village adjacent, income producing property to hit the market. IT'S TIME...for an owner/user, investor OR experienced real estate guru to find a smooth opportunity in a neighborhood engaged with new development and exciting energy. IT'S TIME...for said owner/user OR guru to receive this investment property with two of the four units VACANT and ready to rent. IT'S TIME...to never worry again about a late charge for returning books back to the library (?!!) - simply lob them over the fence to the beautiful next-door Cahuenga Branch Public Library (a designated Historic-Cultural Monument listed on the National Register of Historic Places). IT'S TIME...for a (buyer) broker to work with another experienced (listing) broker where BOTH can enjoy the professional camaraderie of buying & selling real estate. IT'S TIME...for Fall, cooler weather, and a little elbow-grease + love to make this hard-to-find property your own piece of LA.
Presented By: Claudia Hipolito with Coldwell Banker Realty;
Interior Features for 1116 N Madison Avenue
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1116 N Madison Avenue
Additional Parcels Y/NNo
Architectural StyleTraditional
Attached Garage No
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
Days on Market8
DirectionsNorth of Santa Monica, Between Vermont and Virgil
DisclosuresFamilialRelation, RentControl
Full Baths
Garage Y/NNo
Gross Income11800.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7709.0
Lot Size UnitsSquareFeet
MLS AreaC21 - Silver Lake - Echo Park
MobileHomeRemainsYNNo
Net Operating Income114600.0
New ConstructionNo
NumberOfUnitsTotal4
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1905
ZoningLARD1.5
Exterior for 1116 N Madison Avenue
Building Area Total3268.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.177
Lot Size Area7709.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking4.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480