Views
Address
1980 Chickasaw Avenue Los Angeles, CA
Price
$ 3,000,000
Property Attributes
  • ID#20642704
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaEagle Rock
  • Zip90041
  • Style
  • Price$ 3,000,000
  • Bedrooms13
  • Full Bathrooms10
  • Half Bathrooms0
  • Lot Size2.04 Acres
Listing Provided Courtesy Of:
Eric Dilanian with Remax Commercial and Investment Realty
Data Source:
CLAW
Property Description

** 3 OUT Of 9 DELIVERED VACANT ** | 11.95 GRM & 5.41% Cap Rate | We are pleased to present for sale Eagle Rock 9, a once in a life-time opportunity to acquire, arguably, the most unique multi-family investment centered in the heart of Eagle Rock, one of LA's most prized and eclectic sub-markets. The Eagle Rock 9 sits on over 2 Acres of land and is comprised of a total of 9 Units, 3 of which will be DELIVERED VACANT for immediate renovation and upside. The 9 units are spread over the sprawling land with a garden and pool for tenants to enjoy as well as plenty of parking availability. Sitting atop a high point in Eagle Rock the 4 Bedroom & 2 Bathroom VACANT house offers impeccable views, patio space, and a tranquil place to call home. This opportunity presents itself to an astute investor looking to renovate and add value to the units currently operating below market level OR an opportunity for future development considering a total land size of over 2 acres - buyer to verify.

Price History
10/6/2020 Listed $3,800,000
11/24/2020 11% - $3,400,000
4/9/2021 12% - $3,000,000

General Features

Additional Parcels Y/N Yes
Carport Y/N Yes
Community Features Pool
Heating Wall Furnace
MLS Area 618 - Eagle Rock
Parking Features Carport
Pool Features Community
Property Type Residential Income
Total Units 9
View City Lights, Hills
Zoning LAR1

Interior Features

Heating Y/N Yes

Exterior Features

Lot Size Acres 2.04
Lot Size Area 89010
Lot Size Source Assessor
Lot Size Square Feet 89010
Lot Size Units Square Feet
Number of Buildings 4
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90041

Price
AVG $1.4M
$3M
Visits
AVG 47
65
Year Built
AVG 1947
1969
Walkscore
AVG 76
78
Data Provided by Walkscore ® not using MLS data

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