947 S Sunol Drive, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath
ACTIVE$1,225,000
947 S Sunol Drive, Los Angeles, California 90023
0Bed
0Bath
3,536Sqft
5,971Lot
Year Built
1973
Close
-
List price
$1.23M
Original List price
$1.23M
Price/Sqft
$346
HOA
-
Days on market
-
Sold On
-
MLS number
PW25158459
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.23M(85th), sqft - 3536(85th), beds - undefined(50th), baths - undefined(50th).
GREAT INCOME PROPERTY IN THE CITY OF LOS ANGELES, CA. 4 UNIT PROPERTY: 1ST UNIT: 2 BED, 2 BATH. 2ND UNIT: 2 BED, 1.5 BATH. 3RD UNIT: 2 BED, 1 BATH. 4TH UNIT: 1 BED, 2 BATH. 4 CARPORTS WITH A LARGE DRIVEWAY & STREET PARKING, SPACIOUS PROPERTY WITH LOTS OF POTENCIAL. GREAT OPPORTUNITY FOR INVESTORS OR FIRST-TIME BUYERS, LIVE IN ONE UNIT AND RENT THE REST. CLOSE TO SHOPPING, PARKS, & SCHOOLS. DONT MISS OUT ON THIS GREAT OPPORTUNITY.
Condition Rating
Fair
The property was built in 1973. The images show the exterior of the building, driveway, and carports. The building appears to be maintained but aged. The description indicates that the property has not undergone major renovations since construction. Therefore, the condition is rated as fair.
Pros & Cons
Pros
Income Potential: The property is a 4-unit building, offering significant income potential for investors.
Unit Mix: The variety of unit sizes (2 bed/2 bath, 2 bed/1.5 bath, 2 bed/1 bath, 1 bed/2 bath) caters to a diverse tenant base.
Parking: Features 4 carports, a large driveway, and street parking, providing ample parking for tenants and guests.
Location: Located in Los Angeles, close to shopping, parks, and schools, enhancing its desirability for renters.
Investment Opportunity: Presents a great opportunity for investors or first-time buyers looking to live in one unit and rent out the others.
Cons
Year Built: Built in 1973, the property may require updates to meet modern tenant expectations and building codes.
Potential Renovation Costs: The description mentions 'lots of potential,' implying that renovations or upgrades may be needed to maximize rental income.
Not Defined Area: MLS Area is '699 - Not Defined', which may require additional research to determine the specific neighborhood characteristics and market trends.