Exceptional income opportunity in one of Northeast LA's most desirable and consistently high-demand neighborhoods! Located in the heart of prime Eagle Rock, this rare offering features a charming single-family residence in the front and three additional detached units in the rear--an ideal setup for owner-users, investors, or multigenerational living.The front… Read More home offers 3 bedrooms and 2 bathrooms, a bright and inviting layout, a private enclosed backyard/patio, and dedicated front parking. Enjoy the warmth of a mature lemon tree shading the entrance and the comfort of central air throughout.Tucked privately behind the SFR are three income-producing apartments, collectively offering 7 bedrooms and 4 bathrooms. Each unit is equipped with central air, and the property includes private on-site laundry, enhancing convenience and rental appeal.With stable occupancy, strong rental potential, and minimal turnover in this coveted pocket, opportunities like this simply do not come to market often. Ellenwood Drive places you moments from Eagle Rock's vibrant dining, boutiques, grocers, and top-rated schools, while still maintaining a residential, neighborhood feel.Whether you're seeking a hybrid live-and-rent setup or looking to strengthen your investment portfolio, this versatile property delivers long-term value in one of LA's most competitive submarkets. Read Less
Property listed by Katherine Vargas, Katherine Vargas 626-487-7922
Listing Snapshot
Days Online
0
Last Updated
Lot Size
0.21 Acres
Year Built
1928
MLS Number
P1-25267
Additional Details
Building
Built in 1928, 2 buildings
Community
Curbs, Sidewalks
Cooling
CentralAir
Expenses
Electric: $1,148.7, Gardener: $2,160, Insurance: $3,413, Operating: $31,092.8, Pest Control: $1,116, Trash: $3,630.84, Water/Sewer: $3,729.66, Other Expense: $403.66
Fireplaces
None
Heating
Central
Home Owner's Association
Association Fee: $0
Income
Gross Income: $106,003, Gross ScheduledIncome: $106,003, Net Operating Income: $74,910.4
Interior Features
Unfurnished
Laundry
CommonArea
Lot
0.2101 acres, SprinklersNone
Parking
8 total parking spaces, Carport
Pool
None
Taxes
Parcel Number: 5473034011, Lot: 47, Tract: 4818
Utilities
4 separate electric meters, 4 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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