4206 Lowell Ave

Los Angeles, CA 90032 View Map $849,900 Schedule a Tour
Sq.Ft. Lot2,511
Year1938

The Oriana Shea Group

(562) 270-1775

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Status: Active
Property Type:Duplex
MLS #:DW24119352
On Site:38 Days
Lot Size:2,511 Sq. Ft.
County:Los Angeles
PRICE REDUCTION $25,000!! SELLER MOTIVATED!! Attention investors, buyers opportunity knocks on your door, Two units completely remodeled, move in condition, corner lot, location location close to california state university , Alhambra, Pasadena, Monterrey park,, cash flow , cash flow , check comps, 5451 Huntington records shows 1 bed but unit has 3 bed, unit is vacant, 4206 Lowell consist in 1 br 1 bath regular tenant no section 8, paying $1167. On this neighborhood section 8 Pays for 3 br $3915 and 1 br pays $2407 The property consists of two units located in a corner lot, making it an attractive option for potential buyers. The location is highly desirable as it is close to downtown, universities, and parks, offering convenience and accessibility to various amenities and facilities. Unit 1 - 2 Bedroom, 2 Stories: The first unit in the property is a spacious 2-bedroom being use as 3 br residence spread over two stories. This layout provides ample living space and privacy for the occupants. The two bedrooms offer flexibility for residents, whether they need an extra room for guests, a home office, or a growing family. The two-story design adds a sense of separation between the living areas and the sleeping quarters, enhancing comfort and functionality. Unit 2 - 1 Bedroom: The second unit on the property is a cozy 1-bedroom dwelling. While smaller in size compared to the first unit, it offers a comfortable living space for individuals or couples looking for a more compact home. The layout is likely more straightforward and easier to maintain, making it an ideal option for those seeking a low-maintenance lifestyle. Property Highlights: Great Location: Being close to downtown, universities, and parks, the property offers convenience and accessibility to various amenities. Lowest List Property: This property stands out as the lowest-priced listing in the area, making it an attractive investment opportunity for buyers looking to enter the market or expand their real estate portfolio. In summary, this property presents a unique opportunity with its two units in one lot configuration, offering both space and versatility for potential buyers. Its prime location and affordability compared to other listings in the area make it a compelling option for those seeking a well-positioned investment or residential property.

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
6/26/2024$824,995$799,900-3%
7/15/2024$799,900$849,9006.3%

Community Information

Address:4206 Lowell Ave, Los Angeles, CA 90032
Zip Code:90032

Architecture

Year Built:1938
Stories:2
Building Area: 1252.0
Number of Buildings: 2
Total Units: 2
Stories Total: 2
Unit 1: 1 Unit • 3 Beds • 1 Bath • Unfurnished • $3,915 pro forma
Unit 2: 1 Unit • 1 Bed • 1 Bath • Unfurnished • $1,200 actual rent • $1,200 total rent • $2,407 pro forma
Garage Spaces: 1.0

Features / Amenities

Laundry: Common Area
Entry Level: 1
Entry Location: Front gate
Common Walls: No Common Walls
Parking Total: 1.0

Property Features

Lot Size: 0.06 Acres / 2,511 Sq. Ft.
Lot Features: Item01UnitAcre
Utilities: Sewer Not Available
Water: Public
Zoning:LAPF
Directions:Huntington Dr and Lowell

Tax and Financial Info

Contingency: Contact listing agent at 562.500.4668 Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use codes, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records. Buyer is advised to independently verify the accuracy of all information through personal inspections and with appropriate professionals.
Gross Income: $75,864

Listing Agent/Office

Agent:Hector Gonzalez
Office:Century 21 A Better Service
Broker Email:[email protected]

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4206 Lowell Ave Los Angeles,  CA 90032
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4206 Lowell Ave Los Angeles, CA 90032
 
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Based on information from California Regional Multiple Listing Service, Inc. as of July 24, 2024. 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. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.