1008 N Rowan Avenue

    City Terrace, CA 90063
    • $775,000
    • STATUS: Active
    • ON SITE: 159 days
    • ID#: MB19073736
    UPDATED: 45 min ago
    $775,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,332
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Spectacular panoramic views of Downtown Los Angeles and Catalina islands, 3 units on top of the hill above 3 car garages, stairways on both sides of the lot: 1010 Rowan the lower level unit above the garages has 2 bedrooms and 1 bath rented for $1,100/mo, the second level 1012 Rowan has 3 bedrooms, 2 baths and a den rented for $1,600/mo, and in the back 1008 Rowan is a house with 1 bedroom, 1 bath and a den rented for $1,000/mo. Large garage roof top veranda / deck perfect for gatherings or relaxation. Great opportunity for investors or owner occupiers with additional rental income to purchase in up and coming area of City Terrace just East of Downtown Los Angeles. Operating expense figures are estimated.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-15T11:32:23.307. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/93486218

    1008 N Rowan Avenue City Terrace, CA 90063

    • Price: $775,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: MB19073736
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,332
    SQFT
    $233
    $/SQFT
    1949
    Built
    Neighborhood:
    CTER - City Terrace
    County:
    Los Angeles
    Area:
    CTER - City Terrace
    Property Description
    Spectacular panoramic views of Downtown Los Angeles and Catalina islands, 3 units on top of the hill above 3 car garages, stairways on both sides of the lot: 1010 Rowan the lower level unit above the garages has 2 bedrooms and 1 bath rented for $1,100/mo, the second level 1012 Rowan has 3 bedrooms, 2 baths and a den rented for $1,600/mo, and in the back 1008 Rowan is a house with 1 bedroom, 1 bath and a den rented for $1,000/mo. Large garage roof top veranda / deck perfect for gatherings or relaxation. Great opportunity for investors or owner occupiers with additional rental income to purchase in up and coming area of City Terrace just East of Downtown Los Angeles. Operating expense figures are estimated.
    Exterior Features

    Construction Materials Stucco Garage Spaces 3.00 Lot Features Up Slope From Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Faces FrontSide By Side Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved View City LightsPanoramic View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Common Area

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Street Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 600.00 Gross Income 0.00 Gross Operating Income 43068.00 Gross Scheduled Income 44400.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2200.00 Maintenance Percent 5.00 Net Operating Income 26843.00 New Construction YN No New Taxes Expense 10625.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 16225.00 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 16225.00 Trash Expense 0.00 Vacancy Allowance 1332 Vacancy Allowance Rate 3.00 Water Sewer Expense 1800.00 Water Source Public Year Built Source Assessor Zoning Lcr3*

    Listing provided courtesy of Hagop Yapoujian of Hynet Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-15T11:32:23.307. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
     
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