Income Home for Sale in Los Angeles, California

1678 Roosevelt Avenue, Los Angeles, California 90006, US

$ 1,295,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 1,295,000
  • MLS ID: 26985463
  • Property Type: Income Home
  • WEB ID: PR03735892
  • Property Status: Active
  • Lot Size: 6,039sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 1,295,000
  • MLS ID: 26985463
  • Property Type: Income Home
  • WEB ID: PR03735892
  • Property Status: Active
  • Lot Size: 6,039sqft
STATUESQUE AND IMPRESSIVE STRUCTURE DESIGN! PRIDE OF OWNERSHIP! Owner Financing Available! STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! 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!!!

Additional Features

  • Wall Furnace
  • Two
  • Parking spaces: 4.00
  • Listing Status: Active
  • Listing Agent: Jonathan Jay (lic# 01979786) of Beverly Hills/Greater LA
  • Listing Office: Bruce Jay Associates (lic# 01154748)
  • Based on information from CRISNet MLS as of 6th November 2026 at 12:43am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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