MLS® ID: TR18293002
4610 Fern Place
El Sereno, California, 90032 $768,000
Active Under Contract
UPDATE 6/1/19 in remarks: Popular ROSE HILLS EL SERENO - 3 separate houses on one lot! All w/ private back yards & parking. Here is the perfect opportunity to Live in one house and rent the other two, for large families, or make this an easy money making Airbnb! This is an ideal property for you. This Triplex is on a large lot in the heart of El Sereno. Living area is 2533 with a hugh lot size of 8744 LOT Dimensions are 50 x 175.
The Front house is a 3+1 with - (2 bonus beds and 1 bath) renting for $1475 pro forma $2250 with 4 car parking spaces and large private side & back yard. The Middle house is a 2+1 w/ (a bonus tandum bedroom), this house is owner occupied, pro forma rents $2000 a mo., with private laundry room, 1 car parking space and a private back yard. This is the most updated house of the three. The Back house is a 1+1 (with two bonus bedrooms) renting very low $688 this would be a great time to renovate and bring in proper rents pro forma $1500-$1800,with laundry unit in a very large kitchen, 2 parking spaces and a large private back yard.
The potential for these houses are HIGH! The property is centrally located & 20 mins to Downtown, L.A., & Pasadena, walking distance to transportation, cute local and trendy places to dine, shop, bank, fwys art & culture, w/local K-12 schools all with in 1.5 miles. (Buyers to verify and satisfy such permits and licenses. Property is being sold in as is due to multiple tenants and time constraints on owners work schedule.