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Studio, 2281 sqft, $339,900 4611 Fern Place, Los Angeles, CA 90032

4611 Fern Place is no longer listed. It is shown for comparison and does not appear when searching available listings on HotPads.

This snapshot of the listing was taken when it was removed from HotPads on May 12, 2013.
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Studio 2,281 $339,900
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last updated: 16 days, 10 hours ago
Property Information
4611 Fern Place
Los Angeles, CA 90032
Condo Unit for Sale
Property size: 4 units
Description

Good income property with four one bedroom units. Earns over $3,100/month when fully-occupied. Located in El Serreno, near Chinatown, Downtown & USC Medical Center. Long-term tenants in the 2 units in the front house. 4615 is paying $795/month and 4615 1/2 is paying $687/month. The back duplex tenant is paying $800. 4th unit was paying $825 (recently vacated). Rents were increased 3% in July 2013. Insurance expense includes earthquake insurance. Maintenance varies, so is not quoted.Per tax records, front house (4615) was built in 1905 and back building (4611) was built in 1940. All units are one bedroom and one bath. Property has been used as a fourplex for many years and registered and inspected by LA Rent Control as such. Some city records show triplex, so buyer to verify use and rebuild options. Offers Subject To Inspection please, so as not to disturb the tenants.

Property Amenities
  • MLS Listing ID: s12125463
  • Year Built: 1905
  • School District: LOS ANGELES UNIFIED
 




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Surrounding Area Stats
Type Name This Listing
Zip Code 90032 3% less
Neighborhood Montecito Heights 32% less
City Los Angeles 36% less
Congressional District 31 38% less
State CA 20% less
Primary School Huntington Drive Elementary 3% less
Middle School El Sereno Middle 3% less
High School Woodrow Wilson Senior High 3% less
 
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