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Listed by Hakob Chadrjyan • Coldwell Banker Hallmark Realty
$1,687,000
Est. payment /mo
4 Beds
4 Baths
2,400 SqFt
UPDATED:
11/11/2024 09:20 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $702
MLS Listing ID CRSR24227303
Bedrooms 4
Full Baths 3
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1949
Lot Size 9,249 Sqft
Property Description
Incredible rental income opportunity in La Crescenta! This property includes a single-family residence plus two additional rented units, generating $5,000/month in rental income. Located in a sought-after area, this property has substantial income potential and a lot of added features: Main House has a permitted 354 sq ft addition over the garage, designed to add a bedroom and study room. All permits are in place, streamlining the completion process. Income-Producing Units: The property has two additional units, permitted as a storage room and recreation room but rented as apartments: Unit 1: 1 bedroom, 1 bath, rented for $2,650/month Unit 2: rented for $2,450/month Together, these units provide a monthly rental income of $5,000. Main House Updates: The main house, featuring 3 bedrooms and 2 bathrooms, was fully remodeled in 2018. including all new Kitchen, Bathroom, windows, Essential systems like HVAC, water heater, and electrical panel were also replaced, while copper plumbing was updated in 2020, and a new roof was added in 2022. Bonus Features: Included in the sale are approved plans for a 400+ sq ft pool and spa and a 220 sq ft workshop, adding value and versatility to the property. Prime Location: With stunning mountain views, this property is ideally located just minutes
Location
State CA
County Los Angeles
Interior
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
View None
Parking Type Attached
Private Pool false
Building
Lot Description Street Light(s)
Story 1
Water Public
Schools
School District Glendale Unified
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