1646 Kwis Avenue

    Hacienda Heights, CA 91745
    • $1,999,950
    • STATUS: Active
    • ON SITE: 132 days
    • ID#: BB18128751
    UPDATED: 80 min ago
    $1,999,950
    • 0
      BEDS
    • 0.75
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,323
      SQFT
    • $463
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Wonderful income producing property that needs to be seen to be fully appreciated. Units are rented at below market with room for rental price increase in a very desirable rent area with close proximity to elementary, junior high, and high schools-all are within approximately 1/4 mile walking distance. Abundant businesses, malls and restaurants nearby. The property has two HUGE avocado trees, each producing an estimated 1000+ large avocados per cycle. There are also numerous additional mature fruit trees, each producing abundant fruit each cycle. At the rear of the property is a lot that may be buildable and provides extensive potential/value-added. Buyers to consult with the city and other professional resources to validate compliance and permits.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T23:27:26.377. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/84323366

    1646 Kwis Avenue Hacienda Heights, CA 91745

    • Price: $1,999,950
    • Status: Active
    • Updated: 80 min ago
    • ID#: BB18128751
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.75
    Acres
    4,323
    SQFT
    $463
    $/SQFT
    1950
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Wonderful income producing property that needs to be seen to be fully appreciated. Units are rented at below market with room for rental price increase in a very desirable rent area with close proximity to elementary, junior high, and high schools-all are within approximately 1/4 mile walking distance. Abundant businesses, malls and restaurants nearby. The property has two HUGE avocado trees, each producing an estimated 1000+ large avocados per cycle. There are also numerous additional mature fruit trees, each producing abundant fruit each cycle. At the rear of the property is a lot that may be buildable and provides extensive potential/value-added. Buyers to consult with the city and other professional resources to validate compliance and permits.
    Exterior Features

    Carport Spaces 1.00 Fence YN Yes Fencing BlockChain LinkGood ConditionSecurityWrought Iron Garage Spaces 3.00 Lot Features 2-5 Units/AcreBack YardFront YardGardenLandscapedLawnLevel With StreetLot 20000-39999 SqftLot Shape-IrregularLot-Level/FlatPark NearbySprinklers In FrontSprinklers TimerTreed LotYard Lot Size Units Square Feet Other Structures Shed(S) Parking Features Auto Driveway Gate Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Shingle

    Interior Features

    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 No Common Walls Laundry Features Dryer IncludedElectric Dryer HookupGas Dryer HookupIndividual RoomOutsideWasher Included Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet LightingSuburban Country Us Elevation Units Feet Gross Income 74760.00 Gross Scheduled Income 74760.00 Insurance Expense 1335.00 Land Lease YN No Laundry YN Yes Net Operating Income 61273.00 New Taxes Expense 9123.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 13487.00 Property Condition Termite Clearance Property Sub Type Quadruplex Rent Control YN No Security Features Automatic Gate Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 1900.00 Total Expenses 13487.00 Trash Expense 929.00 Water Sewer Expense 2100.00 Water Source Public Zoning R-A-10000

    Listing provided courtesy of Raider Ramstad of Homesmart Evergreen Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T23:27:26.377. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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