1619 Lucile Avenue

    Silver Lake, CA 90026
    • $2,100,000
    • STATUS: Pending
    • ON SITE: 90 days
    • ID#: PW18151127
    Pending
    UPDATED: 76 min ago
    $2,100,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,146
      SQFT
    • $668
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Location, Location, Location! Be the next owner of this hip 10-unit apartment building located in Silverlake just steps away form Sunset Junction. Nearby conveniences include a local Farmer's market, public transportation, coffee shops, restaurants, and clothing shops. Just moments from Los Feliz, Downtown LA, Hollywood, Echo Park, and Glendale, this great opportunity boasts views of the Hollywood sign and Griffith Observatory. The surrounding neighborhood is one of vibrant lifestyle, art, and city life! This is a Probate sale requiring court confirmation (overbids). Newer windows in most units. New builds including boutique hotels quickly developing in Silverlake. Great Investment opportunity! COURT DATE IS SET FOR SEPT. 11TH IN DOWNTOWN LA SUPERIOR COURT 111. N HILL ST. DIVISION 5 @ 8:30 A.M. FIRST OVERBID TO START AT $1,995,500. 10% EMD ($190,000) CASHIERS CHECK REQUIRED, PROOF OF FUNDS, AND A COPY OF LLC IF APPLICABLE.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-24T18:33:13.853. 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.
    www.playavistaliving.com/homes/85006778

    1619 Lucile Avenue Silver Lake, CA 90026

    • Price: $2,100,000
    • Status: Pending
    • Updated: 76 min ago
    • ID#: PW18151127
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,146
    SQFT
    $668
    $/SQFT
    1963
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Location, Location, Location! Be the next owner of this hip 10-unit apartment building located in Silverlake just steps away form Sunset Junction. Nearby conveniences include a local Farmer's market, public transportation, coffee shops, restaurants, and clothing shops. Just moments from Los Feliz, Downtown LA, Hollywood, Echo Park, and Glendale, this great opportunity boasts views of the Hollywood sign and Griffith Observatory. The surrounding neighborhood is one of vibrant lifestyle, art, and city life! This is a Probate sale requiring court confirmation (overbids). Newer windows in most units. New builds including boutique hotels quickly developing in Silverlake. Great Investment opportunity! COURT DATE IS SET FOR SEPT. 11TH IN DOWNTOWN LA SUPERIOR COURT 111. N HILL ST. DIVISION 5 @ 8:30 A.M. FIRST OVERBID TO START AT $1,995,500. 10% EMD ($190,000) CASHIERS CHECK REQUIRED, PROOF OF FUNDS, AND A COPY OF LLC IF APPLICABLE.
    Exterior Features

    Architectural Style Mid Century Modern Fence YN Yes Fencing Average Condition Garage Spaces 0.00 Lot Features Down Slope From StreetNo LandscapingSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 10.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof FlatTar/Gravel Spa Features None Spa YN No

    Interior Features

    Appliances Gas Stove Appliances YN Yes Average Studio Area 300 Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Heater Heating YN Yes Interior Features Beamed CeilingsLaminate Counters Laundry Features CommunityIndividual Room Levels Two Window Features Double Pane Windows

    Property Features

    Accessibility Features Parking Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 800.00 Elevation Units Feet Exclusions Tenants Personal Property. Fuel Expense 0.00 Gross Income 122160.00 Gross Scheduled Income 122256.00 Inclusions StoveCommunity Washer And Dryer. Insurance Expense 2631.00 Land Lease YN No Laundry YN Yes Net Operating Income 70869.00 New Taxes Expense 9760.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 0 Number Of Units Leased 10 Number With Range 10 Operating Expense 22171.00 Other Expense 540.00 Other Expense Description Internet Professional Management Expense 0.00 Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke DetectorWindow Bars Senior Community YN No Special Listing Conditions Probate Listing Tenant Pays ElectricityGas Total Actual Rent 10188.20 Total Expenses 15431.00 Trash Expense 200.00 Vacancy Allowance Rate 1.00 Water Sewer Expense 600.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Veronica Alvarez of Millennium Realty Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-24T18:33:13.853. 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.
     
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