3501 Lifur Avenue, Los Angeles, CA 90032
To Be Announced
Triplex with detached 2-car garage in well established area just South of North Huntington Drive and a few minutes from the Alhambra and South Pasadena. Earn an extra $45,000 a year renting out all 3 units or live in one and rent out the other two. Take advantage of the city’s new housing ordinance and convert the garage into another living space. The lot size has potential to be more than just a tri-plex for experienced investors. Front unit (3501) is a one story at 924 Sqft with 3 Bedrooms, 2 Bathrooms. It’s being rented at $1,295. Unit 3503 (section 8) and 3503 1/2 are two stories each with 2 bedrooms and 2 bathrooms. 3503 rent is $1,290 and 3503 1/2 is $1,122. Tenants are on month to month leases and pay their own utilities except water. Property has 3 gas and electrical meters. Each unit gets 1 parking space. The lot is quite spacious, so tenants have the ability to create additional designated parking areas. Washer/dryer hookups and window AC’s in all units; tenants installed their own appliances and ACs. Located near Cal-State LA, El Sereno Ranch Market and lots of mom & pop small businesses. This is a rent controlled zone. It is recommended that buyers research the new CA statewide and local rent control requirements in advance.
Ying-Huei "Mike" Chou
CAL DRE # 01852861
買賣房產请找 Mike Chou 周 Experienced Equity Partner with a demonstrated history of working in the real estate industry. Skilled in Luxury Goods, Sales, New Home Sales, Investment Properties, and Real Estate Transactions. Strong real estate professional with a Bachelor of Science (B.S.) focused in Finance and Financial Management Services from CSUSB. Mike Chou has been involved with real estate and development his entire life. He comes from a family with a long history of real estate investments throughout the United States and Asia, providing him invaluable opportunities in his career. His fluency in Mandarin and English has allowed him to develop relationships throughout the world and help him educate and advise investors outside the local market on real estate investment decisions.