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4331 Eagle Rock Blvd $3,350,000

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    4331 Eagle Rock Blvd Eagle Rock, CA 90041

    • 6,181 sq. ft.
    • 0.23 Acres
    • Commercial Sale
    • MLS# CV22157682
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    Views: 22 Days On Market: 135

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    Property Details

    We are pleased to present the opportunity to acquire a 12 unit multifamily investment opportunity at 4331 Eagle Rock Boulevard, in the Eagle Rock neighborhood of Los Angeles. Built in 1959 and well maintained by the current ownership, this 6,181 square foot building consists of four studio units, and eight single bedroom, single bath units. Excellent proximity to major thoroughfares of Los Angeles. Please do not disturb the tenants. Buyer to be prequalified with ALB Commercial Capital. Please provide POF with offer to TopherRealEstate@gmail.com This property can be purchased alone or as a portfolio of 3. The additional multifamily properties are a 12 unit building in Pasadena and a 7 unit building in Pasadena. Further details can be provided upon request.

    • General Features
      • Buyer Compensation 2.000 %
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Number Of Units Leased 12
      • Number Of Units Total 12
      • YearBuilt 1959
    • Building Features
      • Cooling Wall/Window Unit(s)
      • Electric Electricity - On Property
      • Heating Wall Furnace
      • Laundry Features Common Area
      • Roof Composition
    • Property Features
      • Lot Size Acres 0.22
      • Parking Total 12.00

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    Neighborhood

    90041 (Eagle Rock) Demographics

    40 Median Age
    8,258 Population Density (per sq. mile)
    57% College Educated
    $90,461 Estimated Median Income
    5,224 Estimated Total Home Owners
    5,027 Estimated Total Renters
    51% / 49% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    29,888 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,495,000 Median Sales Price
    24 Homes Sold
    11 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,350,000
        9/6/2022 3:46:28 PM Price Reduced Source: Multiple Listing Service New Value: $3,350,000 -6.94%
        7/18/2022 4:18:00 PM New in Database Source: Multiple Listing Service New Value: $3,600,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 11/30/2022 10:50:49 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.