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3516 Arroyo Seco Avenue
Los Angeles CA 90065 US

$1,395,000

Pending Listing ID SR23165151
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11 bed
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6.00 Bath (5 Full Bath , 1 Half Bath)
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Lot: 8,193.00 Square Feet
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Apartment

$1,395,000

Pending Listing ID SR23165151
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3516 Arroyo Seco Avenue Introducing 3516 Arroyo Seco Avenue – Your Gateway to the Vibrant Cypress Park Lifestyle and Income Producing Investment! This offering presents a four-unit multifamily investment opportunity comprising two detached structures, totaling 4, 686 square feet of living space on an 8, 193 square foot lot. The property includes a front main house boasting 4 bedrooms and 2.5 bathrooms, currently vacant. This provides the opportunity for an owner/user to reside in the front home while generating income from the three rental units at the rear. Alternatively, one can stabilize the front house and explore the potential of converting the existing two-car garage into an ADU (5th unit) to further expand the income generating potential of this property. The rear structure encompasses three rental units, currently occupied. The first unit features 3 bedrooms and one bathroom across two stories, while the second unit offers an upper 2-bedroom, 1-bath layout. The third unit is on the first level which includes 2 bedrooms and 1 bathroom. Your investment serves as the gateway to the Greater Cypress Park neighborhood, surrounded by the lush greenery of Greaver Oak Park, the enduring charm of Heritage Square, and the diverse recreational options available at Lacy Street Park. Sports enthusiasts will find solace in the proximity of Dodger Stadium, home to the iconic Los Angeles Dodgers. Additionally, Cypress Park boasts a thriving artistic community, evidenced by its stunning street murals and flourishing pottery and art studios. Invest in a neighborhood that nurtures creativity and inspiration, attracting like-minded individuals and potential tenants. Do not let this opportunity pass you by. Seize the chance to invest in the Cypress Park lifestyle. Contact us today to grasp this prime opportunity within the Cypress Park community!

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Property Features

  • Facts
  • Lot Size: 8,193.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 1
  • Exterior Finish: Community Features Included: Sidewalks, Street Lights, Urban, Front Yard, Garden, Landscaped, Level With Street, Near Public Transit
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 1395000
  • unparsedaddress: 3516 Arroyo Seco Avenue
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90065
  • bathroomsfull: 5
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.188085399449036
  • lotsizeunits: Square Feet
  • lotsizearea: 8193
  • livingarea: 4686
  • livingareaunits: Square Feet
  • listagentfullname: Michael Ascione
  • listagentemail: mikeascione@gmail.com
  • listagentkey: 3yd-MRMLSCA-SR207097177
  • listagentmlsid: SR207097177
  • listagentpreferredphone: 6612315794
  • listagentofficephone: 6612552650
  • listofficekey: 3yd-MRMLSCA-FF7000252
  • listagentstatelicense: 01966195
  • listofficemlsid: FF7000252
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1964
  • listingcontractdate: 2023-09-03
  • listagenturl: http://www.remax-valencia-ca.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5446023014
  • heating: Central Furnace
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Community Features Included: Sidewalks, Street Lights, Urban, Front Yard, Garden, Landscaped, Level With Street, Near Public Transit
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 1:42:41 PM GMT
Source Updated Date: 4/28/2024 6:53:11 AM GMT

Courtesy of: Michael Ascione, RE/MAX of Santa Clarita, mikeascione@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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