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2955 Allesandro Street
Los Angeles, CA 90039
Sold
2955 Allesandro Street
Los Angeles, CA 90039
Sold
Fully renovated fourplex with $8390 in monthly income makes this a rare cash-flowing offering in red-hot Frogtown. Located half a block from the L. A. River bike path and "Best of LA" eatery Lingua Franca, the property is composed of four studio units, currently rented for $1495, $1895, $1650, and $1750 per month. In addition, there's a rear garage rented as an art studio for $1600/mo (possible ADU conversion, buyer to verify). The units are stylishly updated and renovated, with polished concrete floors, open shelving, butcher block counter tops, and stainless steel kitchen appliances. Each residential unit also comes with its own off-street parking space. There is a common laundry area and the property is secure and gated. Condition, area, and rental income all make this a fantastic entry-level rental property investment, or a tax-deferred exchange upleg. Please do not disturb the tenants.
PROPERTY INFORMATION
| MLS # | 24357835 | Lot Size | 6,479 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,195,000
Price Per SqFt: $ 833 |
DOM | 445 Days |
| Address | 2955 Allesandro Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,435 Sq. Ft. |
| Postal Code | 90039 | Garage | N/A |
| County | Los Angeles | Year Built | 1959 |
| Bed / Bath | 0 / 0 | Parking | 4 |
| Built In | 1959 | Status | Closed |
| Sold Date | 2024-03-06 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,275
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/14/2024 | Listed | $1,195,000 |
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Listing provided courtesy of Brock Harris, Keller Williams Realty Los Feliz. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
