456 Solano Avenue, Los Angeles, CA 90012

$999,000

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List Price
$999,000
Status
ACTIVE
MLS#
PV26186701
Year Built
1978
Lot Size
5,837
Acres
0.13
Lot Location
Near Park, Near Public Transit, Rectangular Lot, Sloped Up
Days on Market
2
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Three Or More Levels

Property Description

Excellent investment opportunity located in LA's Elysian Park in the Historic Solano Canyon neighborhood. Centrally located right in the heart of the city, on the cusp of Echo Park, and so many of the landmarks that Los Angeles offers, including Dodger Stadium, Downtown, Chinatown, the LA River, Los Angeles State Historic Park, Radio Hill Gardens, Elysian Park, along with so many walking trails, public spaces, and viewpoints... too many to list here! 1978-construction, 6-car garage parking. 3-bedroom 2-bathroom two-story unit in the front, and 4 x 2-bedroom 1-bathroom units in the rear, above the garages. Ample parking for all units, plus driveway space. Newer-style construction for the neighborhood. Pride of ownership property, with great long-term tenants and ease of management for a new owner.

Additional Information

Pool Description
None
View
None
Roof
Flat
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$86,472
Operating Expense
43584

Listing courtesy of Listing Agent: Rodman Amiri (rodman@meritrealestate.com) from Listing Office: Merit Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.