$1,388,000
 $7,451 est/mo Sourced by Back At You

1678 Roosevelt Avenue,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

Owner Financing Available! MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!

Details

MLS #23321311
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1905
Days On Site965
Listing Provided ByBruce Jay Associates | Jonathan Jay

Features

Bed(s)4
Bath(s)4
SQ Feet2,212
Story(s)2
Units4
Building(s)1
ZoningLAR2
Acreage0.14
Property ViewYes

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
AppliancesRefrigerator

Exterior

Security FeaturesGated Community

Location

Community FeaturesGated

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC16 Mid Los Angeles
Sourced by Back At You

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC16 Mid Los Angeles
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.41M - $1.735M
sqft: 1,500 - 2,500
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Listing Updated: August 23, 2026 at 9:19:20 AM PDT