Eagle Rock
1980 Chickasaw Avenue
Los Angeles, California, 90041 United States

Sotheby's International Realty - Pasadena Brokerage
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1980 Chickasaw Avenue

** $400,000 PRICE REDUCTION ** 3 OUT Of 9 DELIVERED VACANT 11.95 GRM & 5.41% Cap Rate We are pleased to present for sale Eagle Rock 9, a once in a life-time opportunity to acquire, arguably, the most unique multi-family investment centered in the heart of Eagle Rock, one of LA's most prized and eclectic sub-markets. The Eagle Rock 9 sits on over 2 Acres of land and is comprised of a total of 9 Units, 3 of which will be DELIVERED VACANT for immediate renovation and upside. The 9 units are spread over the sprawling land with a garden and pool for tenants to enjoy as well as plenty of parking availability. Sitting atop a high point in Eagle Rock the 4 Bedroom & 2 Bathroom VACANT house offers impeccable views, patio space, and a tranquil place to call home. This opportunity presents itself to an astute investor looking to renovate and add value to the units currently operating below market level OR an opportunity for future development considering a total land size of over 2 acres - buyer to verify.

Listing Courtesy of Remax Commercial and Investment Realty
 
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Amenities & Features

  • Listing Details
    • Property ID
      20642704
    • MLS#
      20642704
    • Property type
      Residential Income
    • Courtesy Of
      Listing Courtesy of Remax Commercial and Investment Realty
    • Status
      Available
    • Listing Price
      $3,000,000
    • Subdivision
      Not Applicable-618
    • County
      Los Angeles County
    • School District
      Los Angeles Unified
  • Utilities & Building
    • Year Built
      1969
    • Lot Size Unit
      Acre(s)
    • Lot Size
      2.04