MLS® ID: SB18164119MR

1129 N Rowan Ave

City Terrace, California, 90063

$540,000 Active
  • 2120 SQFT
Prime City Terrace Location, South of 10 Freeway and minutes from Downtown and California State University of Los Angeles. The Rowan Apartments is located in the unincorporated section of Los Angeles, just East of downtown Los Angeles and just blocks from the 5, 10, 60, 101 and 710 Freeways. This property consist of four 1 Bed/1 Bath units (two unpermitted/converted units) with 2,120 of rentable square feet of living space, and a large lot size of 4,505 square feet. The current property rents are significantly below market, creating a repositioning opportunity to generate strong cash flows and investment yields. The property is individually metered for electric and gas with the current owner paying the utilities. There’s a garage on-site with tenants utilizing street parking. Seller is Motivated!!!
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Listing courtesy of Gibraltar Investment Partners Inc

Amenities

  • Zip
    90063
  • Office name
    Gibraltar Investment Partners Inc
  • SQFT
    2120
  • Bedrooms
    0
  • Property type
    Residential Income
  • Zoning type
    LCR3*
  • Year built
    1929
  • Lot size
    4509
  • Tax year
    0
  • Agent name
    Kevin Russell
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $500k-$600k
  • Square Feet Range
    2000-2500 sq ft.
  • Area
    City Terrace
  • Year Built Range
    1989 (and earlier)
  • Office ID
    1331366
  • Agent ID
    1820878

Location

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