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3216 Warwick Ave

Los Angeles CA 90032

4
4
9677 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Here's your chance to own your own income property in El Sereno. This 4 unit property consists of four separate 1 bed/1 bath units that are approximately 550 sqft each. Two of the units have been recently remodeled and updated including in unit laundry hook ups, the other two units do not have laundry hook ups . All units are currently tenant occupied. Current rental income total per year: $79,764.00Total approximate expenses per year:$15,000.00Current rents per unit are as follows:Unit 1- $2060.00 monthUnit 2- $2375.00 month Unit 3- $1392.00 monthUnit 4- $820.00 monthEstimated market monthly rents are $2,200.00 per unit.Total rental income per year, at the projected market value rent, would be approximately $105,600.00 per year.

Features

4 bedrooms
4 bathrooms
9677 sq. ft. lot size
Multi-Family

Property history for 3216 Warwick Ave

2016
Sold
$699,000
04 Dec 2016 by Dan Portillo

Happy sellers in Los Angeles

100%
100% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

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Local market activity for 4 bedroom multi families in Los Angeles

In the last 12 months, 1 four-bedroom multi family similar to 3216 Warwick Ave, have been sold.

This represents a 67% increase in four-bedroom multi families sales when compared to the previous 12 months.

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