Beverly Hills Post Office (C02) Homes under $1.25 million

Beverly Hills Post Office (C02) Homes under $1.25 million

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Newest Beverly Hills Post Office (C02) Homes under $1.25 million

3501 E 3rd, Los Angeles
$1,149,000
7 Beds ⋅ 3 Baths ⋅ SR26154374 MLS ⋅ Active Status
Excellent mixed-use for own users and or investment opportunity in the heart of Boyle Heights! This income-producing fourplex features both commercial and residential units, each with its own address, offering flexibility and strong rental appeal. Long-term tenants provide stable income, with the option to deliver the property with or without tenants. Ideal for investors, owner-users looking to live in one unit while generating income from the others, or organizations such as churches, nonprofits, or similar associations seeking a versatile property (buyer to verify all permitted uses with the appropriate authorities). Conveniently located near Downtown Los Angeles, major freeways, shopping, and dining. A rare opportunity to own a flexible, income-producing asset in a high-demand rental market. Well maintained, freshly painted. This property consists of a detached 3beds/1bath, (2 units) 2beds/1bath and a Studio, all current occupied. All units are separated addressed, enhancing tenant privacy and operational flexibility. Excellent for anyone seasoned investor or first time buyer looking to live in one and profit from the other units. All tenants are reported by the seller to be good long tenants. Prime Boyle Heights location just minutes from Downtown Los Angeles with convenient access to the I-10, I-5, I-710, and US-101 freeways, making commuting throughout Los Angeles easy. Close to major employment centers, shopping, dining, public transportation, and medical facilities including Los Angeles General Medical Center (formerly LAC+USC Medical Center). Excellent location with strong rental demand, making this an attractive opportunity for investors and owner-users alike. ** IDEAL TO BUY AND HOLD INVESTORS, MULTI GENERATIONAL LIVING, OR OWNER OCCUPANTS SEEKING RENTAL INCOMES** CURRENT RENT ROLL: Main House 326 Velasco Ave 3bed/1 bath $3,000 3501 E 3rd 2bed/1 bath : $1,300 3501 1/2 E Ave 2bed/1bath $1,800 Studio : $900 Annual Income : $7,050 Gross Annual Income; $84,600 **Buyer and buyer's agent to independly verify all information and perform their own due diligence. Listing agent, broker and seller make no warranties or representation. Photos have been edited to Gove buyers a vision and to remove tenants personal items**

3501 E 3rd, Los Angeles

3201 Benedict Canyon Drive, Beverly Hills
$999,000
2 Beds ⋅ 2 Baths ⋅ 25591069 MLS ⋅ Active Under Contract Status
*********** COURT CONFIRMATION HEARING - Tuesday, December 8 at 9:30 AM Department 2D at the Stanley Mosk Courthouse (Note: Department 2D May be listed as 629) ********** PLEASE READ ALL OF THIS BEFORE CALLING/TEXTING: **NO SHOWINGS UNTIL FURTHER NOTICE** (1) EMAIL For Showings. DO NOT walk on property without an appointment !!! (2) This is a PROBATE Sale subject to Court Confirmation and Overbid and offers must be submitted without any contingencies whatsoever. (3) Property includes four additional units, illegally built WITHOUT city permits. (4) Two of the additional units are occupied with long term tenants over the age of 65. Tenants in the 2 bedroom unit pay $2,600 per month. Tenants in the 1 bedroom unit pay $1,400 per month. Property will be delivered tenant occupied. (5) The City of Los Angeles has issued a "Notice to Comply" and a "Notice of Non-Compliance" against the property. (6) Please see all documents and notices in DROPBOX LINK available in "Agent Remarks" section. (7) We do NOT have any geological reports or land surveys. (8) Property square footage, bedroom and bathroom count is per public record. Actual size and bed/bath count is MUCH greater due to the additional units. (9) Next door neighbor has filed a law suit in Superior Court for Trespass, Private Nuisance, Preliminary/Permanent Injunctive Relief. (10) Property is NOT located in the City of Beverly Hills. Yes, the mailing address is Beverly Hills, 90210 but it is definitely in the City of Los Angeles and receives absolutely no services from City of Beverly Hills. BUT..........HERE's THE GOOD NEWS..... This is an Incredible opportunity to create a fantastic home in one of the most expensive Zip codes in the entire country. Property is situated in a quiet setting just below Mulholland Drive in the "Beverly Hills Post Office" area of Los Angeles. Beautiful, head on, canyon views with city & ocean in the distance. Floor to ceiling walls of glass look out onto the view. HUGE opportunity to create massive value.

3201 Benedict Canyon Drive, Beverly Hills

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.