3983 DENKER Avenue

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PRICE REDUCED FOR QUICK SALE. The property consists of four individual bungalow units with new exterior paint and landscaping. One unit was recently rehabbed (see photos). The back unit has a private yard. This property is under LA rent control. There is upside in rent. One unit is 1/3 of market rent and tenant may vacate by January 2019. Close to MetroRail station at Western & Exposition Bl. Mostly single-family homes on the street and in the neighborhood. Great cap rate 5.7% and GRM 12.44. MOTIVATED SELLER.
3983 DENKER Avenue, Los Angeles, CA 90062 | Residential Income | Active Under Contract | 2112 SF | 6614 SF Lot | Built 1921 | 1 Stories | MLS# 18385898

Offered at $780,000

Features

Pool: No

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of September 27, 2020. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Keith Brennan, Brennen Realty, Source: Local MLS