$950,000
$1,200,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
0.77 Acres Lot
SOLD DATE : 09/22/2016
Key Details
Sold Price $950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 15960301
Sold Date 09/22/16
Construction Status Updated/Remodeled
HOA Y/N Yes
Year Built 1950
Lot Size 0.774 Acres
Property Description
Rare opportunity in Topanga: Remodelled, freshly painted legal quadruplex in a rural, peaceful, creekside setting with canyon and mountains views. Each unit is 1 bedroom, 1 bath, with a back enclosed patio/garden. All happily rented. No traffic noise! !!! 2 lots totalling 3/4 acre. Communal laundry room and Propane is included. Individual electric meters. Communal outdoor grassy recreation area, underground cistern, 2nd detached building originally permitted as garage/recreation room has been remodelled without permits into a 2 bedrooms, 1 bath, very large Living room with attached storage/artist studio with loft, also rented. This property will be bringing $96,000 Gross Income in 2016. Positive Cash flow...
Location
State CA
County Los Angeles
Area Top - Topanga
Zoning LCA11*
Rooms
Ensuite Laundry Common Area, Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Fireplace No
Appliance Gas Oven
Laundry Common Area, Laundry Room
Exterior
Garage Gravel, Uncovered
Amenities Available Picnic Area, Trail(s)
View Y/N Yes
View Canyon
Roof Type Composition
Parking Type Gravel, Uncovered
Total Parking Spaces 8
Building
Story 1
Construction Status Updated/Remodeled
Others
Tax ID 4438016004
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash,Cash to New Loan
Special Listing Condition Probate Listing
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Bought with Chantal Mcbride • Topanga Properties