4368 Esmeralda Street, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath

4368 Esmeralda Street, Los Angeles, California 90032 home-pic-0
ACTIVE$998,000
4368 Esmeralda Street, Los Angeles, California 90032
0Bed
0Bath
2,425Sqft
2,973Lot
Year Built
1909
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$412
HOA
-
Days on market
-
Sold On
-
MLS number
DW24189408
Home ConditionFair
Features
Good View: None
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $998.0K(67th), sqft - 2425(83th), beds - undefined(50th), baths - undefined(50th).

Nestled on the hillside of Rose Hills, this spectacular triplex consists of (2) three-bedroom one-bath units and (1) two-bedroom one-bath units. Each unit has its own separate address, water/electric/gas meters & water heaters making it more cost-effective for the owner. There is very little ground maintenance and no landscaping upkeep. All units have been well maintained and are in good condition. The excellent location and proximity to the Los Angeles Civic Center, USC School of Medicine & County USC Medical Center as you go South on Huntington Drive. Going North on Huntington Drive takes you to Alhambra and South Pasadena in minutes. Also, it is close to Rose Hills Park, a family-friendly park that features Barbecue Pits, a lighted baseball Diamond, a children's play Area, and picnic tables. This investment opportunity is perfect for a steady flow of rental income.

Price History

Date
Event
Price
07/13/07
Sold
$587,000
04/09/03
Sold
$183,500
Condition Rating
Fair

The property was built in 1909. While the description mentions the units have been well-maintained and are in good condition, the images show outdated kitchens and bathrooms. The appliances appear to be older models, and the overall style is dated. Therefore, it requires minor updates or repairs.
Pros & Cons

Pros

Income Potential: Triplex configuration with separate meters for each unit provides a steady flow of rental income and simplifies expense management.
Prime Location: Excellent location with close proximity to Los Angeles Civic Center, USC School of Medicine & County USC Medical Center, Alhambra, and South Pasadena.
Low Maintenance: Very little ground maintenance and no landscaping upkeep, reducing ongoing expenses for the owner.

Cons

Age of Property: Built in 1909, the property may require updates or repairs to meet modern standards and building codes.
Hillside Location: Nestled on the hillside, it might present accessibility challenges for some tenants or require additional structural maintenance.

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