1678 Roosevelt Avenue, Los Angeles, CA 90006

• 4 beds
• 2,212 sqft

Property Description

STRONG BUILDING! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!

Listing Status:

Active

Date Added:

December 27, 2023

Data Last Updated:

April 14, 2026 at 11:08PM

Listing Office:

Bruce Jay Associates : 323-660-3600

Listing Agent:

Jonathan Jay : 323-660-3600

MLS ID:

CL23321311

Interior

• A/C: No Air Conditioning
• Heating: Wall Furnace

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR25075026006

Financial

• Source: CRMLS