Atwater Village, CA 90039,3529 Ferncroft Road
Atwater Village, CA 90039,3529 Ferncroft Road
Atwater Village, CA 90039,3529 Ferncroft Road
Listed by Mark Velasco • Sharpstone Realty, Inc.
$913,000
Est. payment /mo
Est.Price: ?

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1,002 SqFt
SOLD DATE : 02/25/2022

Key Details

Sold Price $913,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,002 sqft

Price per Sqft $911

MLS Listing ID DW-22002760

Year Built 1948

Lot Size 2,789 Sqft

Property Description

CASH COW!!! $66,000 Gross Rents, ($52,104 NOI) and 5.63 CAP in Atwater Village!! HIGH RENTAL DEMAND AREA!! Newly remodeled units (top and bottom) with that beautiful farmhouse motif. Yard is big enough for a potential ADU addition. Each unit is 2 beds and 1 bath (approx 550 sq ft each) with an open floor plan (Title shows 1 Bed+1 Bath each). Upstairs tenant has been there for years and is current on rent ($2,550). Lower unit was being used by owner and will be delivered vacant upon purchase (can be rented for up to $3,000/mo). Upstairs has an exclusive patio and lower unit has its own dedicated patio. This property is minutes from the local eateries and shopping of Silver Lake, DTLA, Glendale and Glassel Park. Hikers, we are also minutes from Griffith Park: Area Walk score is 80 VERY Walkable. Convenient washer & dryer located near the downstairs patio and storage located in the back of the property. Great ROI as a rental.

Location

State CA

County Los Angeles

Zoning LAR1

Interior

Cooling Electric

Laundry Dryer Included, Electric Dryer Hookup, Individual Room, Outside, Washer Hookup, Washer Included

Exterior

Parking Features Gated

Pool None

Community Features Sidewalks

View Y/N Yes

Building

Lot Description Back Yard

Sewer Public Sewer

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Paul Ward

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Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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