$1,395,000
5847 Ernest Avenue,
Los Angeles CA, 90034
Description
5847 Ernest Ave is a clean 4-unit building located in the sought-after Palms/Culver community. The building was built in 1924 and consists of 3,210 SF of living space situated on a 5,000 SF lot. The property offers a great unit mix consisting of (4) 1-bed/1-bath units. The property has been well maintained and features a 2-car garage. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historical low. Located in the Palms/Culver neighborhood of Los Angeles, 5847 Ernest Ave is an excellent owner-user buy, allowing for an owner to live in one unit and enjoy the top of the market rental income from the others.
Details
| MLS# | SB20226162 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 126 |
Features
| SQ Feet | 3,210 |
|---|---|
| Acreage | 0.11 |
| Water Front | No |
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| Area Information | |
|---|---|
| State | CA |
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90034 |
| Area | C16 - Mid Los Angeles |
| Listing VS Median (in 90034) | |
Price: $1,395,000 low | high Med: $2,983 SqFt: 3,210 low | high Med: 1,025 $ / SqFt: $435 low | high Med: $3 On Site: 126 low | high Med: 36 Sourced by Back At You | |
Listing Updated: February 10, 2021 8:39:47 AM PST
MLS Number: SB20226162Listing Provided By:
Brett Lyon of Lyon Stahl Investment Real Estate Inc.