Los Angeles, CA 90041,5081 Glen Iris Avenue
Los Angeles, CA 90041,5081 Glen Iris Avenue
Los Angeles, CA 90041,5081 Glen Iris Avenue
Los Angeles, CA 90041,5081 Glen Iris Avenue
Los Angeles, CA 90041,5081 Glen Iris Avenue
Los Angeles, CA 90041,5081 Glen Iris Avenue
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$ 1,615,000
Est. payment | /mo

6 Beds

4 Baths

9,871 Sqft Lot


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$ 1,615,000
Est. payment | /mo
Save

6 Beds

4 Baths

9,871 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID WS25094375

Bedrooms 6

HOA Y/N No

Lot Size 9,871 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Glen Iris Gardens is a beautifully maintained, pride-of-ownership 4-unit property located in the desirable Los Angeles neighborhood of Eagle Rock. Built in 1950, this charming 3,410 sqft, single-story asset sits on a 9,871 sqft lot. The property consists of 2 separate buildings featuring a raised foundation and pitched composition shingle roofs. The unit mix includes one 1-bedroom/1-bath unit, two 2-bedroom/1-bath units, and one 3-bedroom/1.75-bath unit. Each unit enjoys its own designated parking space (7 total) with Unit 5087 additionally renting a one-car storage space for $150/month. All units are individually metered for gas, electricity and hot water, while the owner covers water, sewer and trash services. Interiors boast of original hardwood floors or updated vinyl plank flooring, vinyl flooring in kitchens and bathrooms and charming tile or stone countertops alongside gas stoves/ovens. Each unit is equipped with wall A/C units and gravity heating for comfort. Threeunits (5081, 5083 and 5085) offer in-unit washer/dryer hookups, there is no common laundry facility. The property has original galvanized plumbing (repaired as needed) and older electrical sub-panels. Glen Iris Gardens is subject to Los Angeles rent control regulations, and buyers are advised to independently verify all property details. This is a rare opportunity to own a well-cared-for, low-maintenance income property in a strong rental market.
Glen Iris Gardens is a beautifully maintained, pride-of-ownership 4-unit property located in the desirable Los Angeles neighborhood of Eagle Rock. Built in 1950, this charming 3,410 sqft, single-story asset sits on a 9,871 sqft lot. The property consists of 2 separate buildings featuring a raised foundation and pitched composition shingle roofs. The unit mix includes one 1-bedroom/1-bath unit, two 2-bedroom/1-bath units, and one 3-bedroom/1.75-bath unit. Each unit enjoys its own designated parking space (7 total) with Unit 5087 additionally renting a one-car storage space for $150/month. All units are individually metered for gas, electricity and hot water, while the owner covers water, sewer and trash services. Interiors boast of original hardwood floors or updated vinyl plank flooring, vinyl flooring in kitchens and bathrooms and charming tile or stone countertops alongside gas stoves/ovens. Each unit is equipped with wall A/C units and gravity heating for comfort. Threeunits (5081, 5083 and 5085) offer in-unit washer/dryer hookups, there is no common laundry facility. The property has original galvanized plumbing (repaired as needed) and older electrical sub-panels. Glen Iris Gardens is subject to Los Angeles rent control regulations, and buyers are advised to independently verify all property details. This is a rare opportunity to own a well-cared-for, low-maintenance income property in a strong rental market.

Location

State CA

County Los Angeles

Area Los Angeles (90041)

Zoning Public Rec

Interior

Cooling Wall/Window

Appliance Wall/Gravity

Building

Lot Description Curbs

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $53

Acceptable Financing Cash

Space Rent $1,724

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by KEVIN LUTZ • Keller Williams Realty/Pasadena
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+1(619) 349-4945

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401 W A St, San Diego, CA, 92101, USA

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5081 Glen Iris Avenue