4617 Twining Street

    Los Angeles (City), CA 90032
    • $443,000
    • STATUS: Closed
    • ON SITE: 130 days
    • ID#: 18362938
    Sold - 11/09/2018
    $443,000
    SOLD - 11/09/2018
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,848
      SQFT
    • $240
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Why pay rent when you can own? The vertical duplex at 4617 Twining Street in up-and-coming El Sereno is a fabulous opportunity for an owner-user or an investor. The unit mix of this detached mid-century property is two three bedroom/one-bath. It's a total of 1,8,48 square feet of desirable living space on a 4,890-square-foot landscaped lot with generous patio space and parking, including a spacious carport. Residents of both units enjoy a private entrance. An owner-user can live in one of the units and pay less than they would pay for market rents in the area. This attractive price point makes home ownership irresistible. On the other hand, a forward-looking investor can take advantage of the appreciation in values and rents that this submarket is sure to realize.

    Sold by Will Tiao of Tiao Properties, Inc..

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T07:31:47.517. 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. Licensed in the State of California, USA.
    www.impactca.com/homes/85437487

    4617 Twining Street Los Angeles (City), CA 90032

    • Price: $525,000
    • Status: Closed
    • Updated: 53 min ago
    • ID#: 18362938
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,848
    SQFT
    $240
    $/SQFT
    1964
    Built
    Neighborhood:
    621 - El Sereno
    County:
    Los Angeles
    Area:
    621 - El Sereno
    Property Description
    Why pay rent when you can own? The vertical duplex at 4617 Twining Street in up-and-coming El Sereno is a fabulous opportunity for an owner-user or an investor. The unit mix of this detached mid-century property is two three bedroom/one-bath. It's a total of 1,8,48 square feet of desirable living space on a 4,890-square-foot landscaped lot with generous patio space and parking, including a spacious carport. Residents of both units enjoy a private entrance. An owner-user can live in one of the units and pay less than they would pay for market rents in the area. This attractive price point makes home ownership irresistible. On the other hand, a forward-looking investor can take advantage of the appreciation in values and rents that this submarket is sure to realize.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Gross Multiplier 32.40 Gross Operating Income 16200.00 Improvements Amount 100000 Land Value 270000 Laundry YN Yes Net Operating Income 4200.00 Special Listing Conditions Standard Total Expenses 12000.00 Zoning Lard2

    Listing provided courtesy of Peter Strauss of Iconic Investments.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T07:31:47.517. 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. Licensed in the State of California, USA.
     
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