3905 Woolwine Drive
Introducing an amazing deal on a great fourplex in vibrant, unincorporated City Terrace, near the 10 and 710 freeways, Downtown LA, USC’s Keck Medical Center and Cal State LA, where students and staff make ready renters. TWO units will be delivered vacant, including the largest unit: the main house with 2 bedrooms, 1 bathroom, a dedicated laundry area and a bonus room (no closet) that can serve as a 3rd bedroom or home office — making this an ideal investment for savvy owner-occupant house hackers ready to try to their hand at property management while living on the premises. The other three units are all 1 bedroom + 1 bathroom apartments, two of which are occupied and will be delivered with their tenants. Built in 1948, this quad is spread between two buildings separated by a courtyard, each with its own separate gas, electric and water meters. Three off-street, secure parking spaces are also included, as are the existing appliances. Many upgrades have been made, including foundation reinforcement and newer kitchens and bathrooms in some of the units. At under $1 million — $250K per unit! — this is the best priced property in the area that any investor would be lucky to have in their portfolio.
Price: | $999,000 |
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Address: | 3905 Woolwine Drive |
City: | Los Angeles |
State: | California |
Zip Code: | 90063 |
MLS: | BB24227406 |
Year Built: | 1948 |
Square Feet: | 3,093 |
Acres: | 0.106 |
Lot Square Feet: | 0.106 acres |
view: | City Lights |
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sewer: | Public Sewer |
levels: | Two |
taxLot: | 98 |
viewYN: | yes |
country: | US |
laundryYN: | yes |
parkingYN: | no |
utilities: | Sewer Available, Water Available |
entryLevel: | 1 |
tenantPays: | Electricity, Gas, Parking Fee |
assessments: | None |
commonWalls: | 2+ Common Walls |
fireplaceYN: | no |
landLeaseYN: | no |
lotFeatures: | 0-1 Unit/Acre |
lotSizeArea: | 4617 |
waterSource: | Public |
daysOnMarket: | 4 |
lotSizeUnits: | Square Feet |
mlsAreaMajor: | 699 - Not Defined |
parcelNumber: | 5228004036 |
poolFeatures: | None |
pricePerUnit: | 249750 |
storiesTotal: | 2 |
trashExpense: | 768 |
associationYN: | no |
entryLocation: | street |
lotSizeSource: | Public Records |
poolPrivateYN: | no |
rentControlYN: | no |
totalExpenses: | 6269 |
elevationUnits: | Feet |
taxTractNumber: | 6480 |
laundryFeatures: | Stackable |
parkingFeatures: | None |
yearBuiltSource: | Public Records |
insuranceExpense: | 2947 |
operatingExpense: | 6269 |
buildingAreaUnits: | Square Feet |
communityFeatures: | Urban |
fireplaceFeatures: | None |
lotSizeSquareFeet: | 4617 |
newConstructionYN: | no |
numberOfBuildings: | 2 |
seniorCommunityYN: | no |
waterSewerExpense: | 2554 |
netOperatingIncome: | 84331 |
numberOfUnitsTotal: | 4 |
propertyAttachedYN: | yes |
additionalParcelsYN: | no |
numberOfUnitsLeased: | 2 |
average1BedAreaUnits: | Square Feet |
average2BedAreaUnits: | Square Feet |
average3BedAreaUnits: | Square Feet |
grossScheduledIncome: | 90600 |
listAgentStateLicense: | 02018944 |
averageStudioAreaUnits: | Square Feet |
listOfficeStateLicense: | 01244300 |
specialListingConditions: | Standard |
numberOfSeparateGasMeters: | 4 |
numberOfSeparateWaterMeters: | 2 |
numberOfSeparateElectricMeters: | 4 |
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Judy Graff Properties or one of their associates. Last updated Thursday, December 5th, 2024. Based on information from CARETS as of Thursday, December 5th, 2024 10:02:52 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: MillaGoldenberg, DRE #02018944 from Judy Graff Properties 310-869-4021