Millman Team Real Estate

$1,245,000
4 Bed
4 Bath
2,212 Sqft
0.14 Acre Lot

1678 Roosevelt Avenue, Los Angeles, California 90006

  • Residential Income Property Type
  • 2,212 Sqft Square Footage
  • 1905 Year Built
Property Description

GRAND CURBSIDE APPEAL – ABSOLUTELY A ‘CLASSIC’ ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR A LONG-STANDING REAL ESTATE PORTFOLIO HOLDING! (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!!!

Basic Details
Residential Income
For Sale
23321311
$1,245,000
4
4
2,212 Sqft
1905
0.14 Acre
Active
Features
: Wall Furnace
: None
: Craftsman
$0
Appliances
: Refrigerator
Address Map
CA
Los Angeles
Los Angeles
90006
Roosevelt
1678
Avenue
West
See Google Maps, just below Venice Blvd., just west of Normandie Avenue!
C16 - Mid Los Angeles
LAR2
Additional Information
$0
$0
$0
$0
$0
2212
: Gated
: Two
4
2023-12-27
1188000
2
2
Broker/Agent Information
Bruce Jay Associates
Jonathan Jay
Listing Information
CLW-C122889
CLW-L02478
Cash
Active
2025-10-19T16:42:35Z
CRMLS
: Standard
2023-12-27T00:00:00Z
Agent info
Ray Millman
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