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477 S Mcdonnell Avenue

East Los Angeles, CA 90022
  • $749,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: IV22165999
UPDATED: 49 min ago
$749,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Teresa Tso of Mg Realty (951-880-3609) and Mario Garcia of Mg Realty(951-880-3609)


Description

The subject property is 2 units. It is an excellent value add investment opportunity. Perfect for an investor or first time buyer. Front unit is 2 bedrooms and 1 bath. One living room, kitchen, 1 laundry space, wall heater, tile in bathroom floor, carpet throughout the unit. Front unit is a raised foundation. Big size yard between front and back unit. Back unit has a big back yard. Back unit is a 3 bedrooms and one bath. One living room, kitchen, one car garage with laundry hook ups. Back unit is slab foundation. Both Units have newer copper plumbing. Newer roof on both units (about 7 years old). Wall heater on both units. Side of the units enough space for dog run. The property is located in East Los Angeles. 477 (front unit) and 475(back unit) S Mcdonnell Ave is about 10 to 15 minute walk from the Metro Gold Line. About 4 blocks away from Jr. High and Elementary school. Convenient located near parks, shopping centers, freeways, and near by medical center. This property won't last. Drive by ONLY.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-14T10:26:58.027. 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 American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/131369228
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477 S Mcdonnell Avenue East Los Angeles, CA 90022

  • Price: $749,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 49 min ago
  • ID#: IV22165999
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1959
Built
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
The subject property is 2 units. It is an excellent value add investment opportunity. Perfect for an investor or first time buyer. Front unit is 2 bedrooms and 1 bath. One living room, kitchen, 1 laundry space, wall heater, tile in bathroom floor, carpet throughout the unit. Front unit is a raised foundation. Big size yard between front and back unit. Back unit has a big back yard. Back unit is a 3 bedrooms and one bath. One living room, kitchen, one car garage with laundry hook ups. Back unit is slab foundation. Both Units have newer copper plumbing. Newer roof on both units (about 7 years old). Wall heater on both units. Side of the units enough space for dog run. The property is located in East Los Angeles. 477 (front unit) and 475(back unit) S Mcdonnell Ave is about 10 to 15 minute walk from the Metro Gold Line. About 4 blocks away from Jr. High and Elementary school. Convenient located near parks, shopping centers, freeways, and near by medical center. This property won't last. Drive by ONLY.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Parking Total 1 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Contingency Buyer(S) To Cooperate With 1031 Exchange.Buyers To Take Over Tenants Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 29280 Gross Scheduled Income 29280 Insurance Expense 1200 Land Lease YN No Laundry Features InsideIn Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional1031 ExchangeFhaVa Loan Net Operating Income 26080 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 3200 Other Expense 2000 Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tenant Pays All UtilitiesWater Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lcr2yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-14T10:26:58.027. 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 American Real Estate List & Sell. Licensed in the State of California, USA.
 
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American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing Agent(s): Teresa Tso of Mg Realty (951-880-3609) and Mario Garcia of Mg Realty(951-880-3609)