4603 Ellenwood Drive, Los Angeles, CA 90041

$1,450,000

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List Price
$1,450,000
Price Change
▼ $350,000 1782455255
Status
ACTIVE UNDER CONTRACT
MLS#
P1-25267
Year Built
1928
Lot Size
9,150
Acres
0.21
Lot Location
Sprinklers None
Days on Market
217
Property Type
Multifamily
Neighborhood
Other

Property Description

Exceptional income opportunity in one of Northeast LA's most desirable and consistently high-demand neighborhoods! Located in the heart of prime Eagle Rock, this rare offering features a charming single-family residence in the front and three additional detached units in the rear--an ideal setup for owner-users, investors, or multigenerational living.The front home offers 3 bedrooms and 2 bathrooms, a bright and inviting layout, a private enclosed backyard/patio, and dedicated front parking. Enjoy the warmth of a mature lemon tree shading the entrance and the comfort of central air throughout.Tucked privately behind the SFR are three income-producing apartments, collectively offering 7 bedrooms and 4 bathrooms. Each unit is equipped with central air, and the property includes private on-site laundry, enhancing convenience and rental appeal.With stable occupancy, strong rental potential, and minimal turnover in this coveted pocket, opportunities like this simply do not come to market often. Ellenwood Drive places you moments from Eagle Rock's vibrant dining, boutiques, grocers, and top-rated schools, while still maintaining a residential, neighborhood feel.Whether you're seeking a hybrid live-and-rent setup or looking to strengthen your investment portfolio, this versatile property delivers long-term value in one of LA's most competitive submarkets.

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Interior Features
Unfurnished
Attached Structure
Attached
Gross Scheduled Income
$106,003
Operating Expense
31092
Parking Spaces
8

Listing courtesy of Listing Agent: Katherine Vargas (kathy@sundanceestateproperties.com) from Listing Office: Katherine Vargas.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.