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6957 Kittyhawk Avenue

Los Angeles (City), CA 90045
  • $1,649,000
  • STATUS: Active
  • ON SITE: 152 Days
  • ID#: SR23181106
UPDATED: 54 min ago
$1,649,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,853
    SQFT
  • $428
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1948
County:

School Ratings & Info

School District:
Listing Agent(s): Yan Minkovitch of Progressive Real Estate Solutions (818-717-7172)


Description

BACK ON THE MARKET AND WITH IM POROVED PRICING AFTER BUYERS DID NOT PERFORM. Elegant Quadplex in Prime Los Angeles Locale with Pride of OwnershipProperty Overview:Introducing a distinguished quadplex, a testament to pride of ownership, strategically located in the sought-after region of Los Angeles. Constructed in 1948, this property stands as a beacon of timeless architecture paired with modern conveniences. Each of the four units boasts 2 well-appointed bedrooms and a full bathroom, ensuring comfort and privacy for residents.The interiors, meticulously maintained, are adorned with a harmonious blend of carpet and hardwood flooring, exuding warmth and sophistication. Essential appliances, including stainless steel stackable washer/dryer, stove, and refrigerator, are thoughtfully integrated in all units, reflecting the attention to detail in every facet of this property.Recent Upgrades & Features:The property has been completely electrically rewired.A recent roofing job ensures durability and protection.The entire building has been repiped with Pex.Each unit is equipped with an individual water shutoff valve, allowing for ease of maintenance without disturbing the tenants.For added security, surveillance cameras have been installed throughout the property.Rental Income & Lease Details:Apt. #6957: $2,175.00/monthApt #6957 : $2,150.00/monthApt #6959: $2,120.00/monthApt #6959 : $2,195.00/monthTotal Monthly Income: $8,640.00All tenants have signed a "Shared Water Bill" lease, ensuring the water bill is equitably divided amongst the four units and the landlord.Investment Insight:Currently, the property yields a monthly revenue of approximately $8,640. Notably, the rent has remained stable since before the onset of the COVID-19 pandemic, presenting a lucrative opportunity for potential appreciation in the future.One of the standout features of this property is its impeccable maintenance. New owners can enjoy the luxury of a turnkey investment, with no immediate maintenance required"simply care for the tenants and reap the rewards.Seize this unparalleled opportunity to invest in a piece of Los Angeles's real estate legacy, where every detail has been attended to with care and precision.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-28T09:31:07.69. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/143795595
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6957 Kittyhawk Avenue Los Angeles (City), CA 90045

  • Price: $1,649,000
  • Status: Active
  • On Site: 152 Days
  • Updated: 54 min ago
  • ID#: SR23181106
8
Beds
4
Baths
0
½ Baths
0.16
Acres
3,853
SQFT
$428
$/SQFT
1948
Built
Neighborhood:
C29 - Westchester
County:
Los Angeles
Area:
C29 - Westchester
School District:
Los Angeles Unified
Property Description
BACK ON THE MARKET AND WITH IM POROVED PRICING AFTER BUYERS DID NOT PERFORM. Elegant Quadplex in Prime Los Angeles Locale with Pride of OwnershipProperty Overview:Introducing a distinguished quadplex, a testament to pride of ownership, strategically located in the sought-after region of Los Angeles. Constructed in 1948, this property stands as a beacon of timeless architecture paired with modern conveniences. Each of the four units boasts 2 well-appointed bedrooms and a full bathroom, ensuring comfort and privacy for residents.The interiors, meticulously maintained, are adorned with a harmonious blend of carpet and hardwood flooring, exuding warmth and sophistication. Essential appliances, including stainless steel stackable washer/dryer, stove, and refrigerator, are thoughtfully integrated in all units, reflecting the attention to detail in every facet of this property.Recent Upgrades & Features:The property has been completely electrically rewired.A recent roofing job ensures durability and protection.The entire building has been repiped with Pex.Each unit is equipped with an individual water shutoff valve, allowing for ease of maintenance without disturbing the tenants.For added security, surveillance cameras have been installed throughout the property.Rental Income & Lease Details:Apt. #6957: $2,175.00/monthApt #6957 : $2,150.00/monthApt #6959: $2,120.00/monthApt #6959 : $2,195.00/monthTotal Monthly Income: $8,640.00All tenants have signed a "Shared Water Bill" lease, ensuring the water bill is equitably divided amongst the four units and the landlord.Investment Insight:Currently, the property yields a monthly revenue of approximately $8,640. Notably, the rent has remained stable since before the onset of the COVID-19 pandemic, presenting a lucrative opportunity for potential appreciation in the future.One of the standout features of this property is its impeccable maintenance. New owners can enjoy the luxury of a turnkey investment, with no immediate maintenance required"simply care for the tenants and reap the rewards.Seize this unparalleled opportunity to invest in a piece of Los Angeles's real estate legacy, where every detail has been attended to with care and precision.
Exterior Features

Architectural Style Mid-Century Modern Attached Garage YN No Construction Materials DrywallConcreteStucco Entry Level 1 Entry Location 1 Fencing None Foundation Details Slab Lot Features 2-5 Units/Acre Parking Features Garage Parking Total 5 Patio And Porch Features OpenPatio Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Asphalt Sign On Property YN No Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances Convection OvenGas OvenWater HeaterDryerWasher Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminateWood Heating Floor FurnaceWall Furnace Heating YN Yes Main Level Bathrooms 2 Main Level Bedrooms 4

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Electric Standard Garage YN Yes Land Lease YN No Laundry Features InsideUpper Level Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventionalFHA 203(b)FHA 203(k)FHAFreddie MacGovernment LoanVA Loan New Construction YN No Property Condition Turnkey Property Sub Type Quadruplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Quadruplex Utilities Cable ConnectedElectricity ConnectedPhone ConnectedSewer ConnectedSee RemarksWater Connected Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-28T09:31:07.69. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Yan Minkovitch of Progressive Real Estate Solutions (818-717-7172)