Listing provided courtesy of Bruce Jay Associates- MLS# 23-321311
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Request Info1678 Roosevelt AveLos Angeles, CA 90006
Multi-Family · 4 Beds · 2,212 Sq. ft. | 0.14 Acres$1,388,000
Active
1678 Roosevelt Ave Overview
- Time on Site:
- 910 days
- Visits:
- 0
STRONG NOBLE CONSTRUCTION, AND YET, ELEGANT! SOLID INVESTMENT! GRAND CURBSIDE APPEAL! ABSOLUTELY A 'CLASSIC' ALONG WITH A STRONG RENTAL MARKET FOR THIS STATUESQUE TWO-STORY BUILDING! GREAT FOR YOUR REAL ESTATE PORTFOLIO! (just above West Adams Heights!)...A RARE opportunity! This Craftsman Classic 4-Unit Smart Investment has so much to offer! Existing are 4 One-Bedroom Units, yet the Tax Assessor states that there are 2 Two-Bedroom Units and 2 One-Bedroom Units, Tax Assessor has stated ''6 Bedrooms'', something to look into, for sure! Many Property Features have been Updated in recent years. AND 'EVEN BETTER' GOOD NEWS: One unit can be delivered Vacant! This allows the Buyer(s) to either provide this Vacancy to a Family Member, OR Rent this Vacancy at Current Market Rates (which is pretty darn good these days!). ALSO, Should this help the Buyer(s), there is an Assumable LOW Interest Rate(3%, 4% and 5% at specified times during the term of the loan)1st Trust Deed Loan of about $350,000, with approximately 8 more years left on the Loan, available to the Buyer. This is a MAJOR benefit for the Buyer. Interest only payments due each month on the assumable loan!!!
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1678 Roosevelt Ave Facts & Features
- Type Multi-Family
- Sq. ft. 2,212
- Price/Sq.ft. $627
- Lot 0.14 Acres
Details
General
Income/Expenses
- Gross Income: 64635
- Insurance Expense: 1640.00
- Maintenance Expense: 2500.00
- Net Operating Income: 58812.00
Building Information
- Year Built: 1905
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Mid Los Angeles
Rent/Lease Information
- Tenant Pays: Electricity, Gas
Tax Information
- Tax Assessed Value: 900000
General Information
- Disclosures: As Is
- Property Type: Residential Income
- Rent Control: True
- Zoning: LAR2
Interior
Beds/Baths
- Bathrooms Total: 4.00
- Bedrooms Total: 4
General Information
- Cooling: None
- Heating: Wall
- Levels: Two
- Living Area: 2212
- Living Area Source: Assessor
- Security Features: Gated
- Stories: 2
Exterior
Parking Information
- Open Parking Spaces: 4
- Parking Total: 4
Lot Information
- Lot Size Acres: 0.1386
- Lot Size Area: 6039
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 1
Waterfront/View
Building Exterior/Construction
- Architectural Style: Craftsman
- Direction Faces: West
General Information
- Number Of Units Leased: 3
- Number Of Units Total: 4
- Other Structures: None
1678 Roosevelt Ave Neighborhood
Community
90006 (Los Angeles) Demographics
34
Median Age
30,503
Population Density (per sq. mile)
24%
College Educated
$37,375
Estimated Median Income
1,777
Estimated Total Home Owners
17,372
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1678 Roosevelt Ave Monthly Cost
1678 Roosevelt Ave Market Data
Based on the last 30 days in this zip code
$804,658
Average List Price
$523
Average Price per Square Foot
10
Properties Sold
77
Average Days on Market
153
Properties for Sale
1678 Roosevelt Ave History
| Date | Value | Agent |
|---|---|---|
| 6/22/2026Source: CRMLS | $1,388,000 11.9% |
|
| 6/22/2026Source: TheMLS (CLAW) | $1,388,000 11.9% |
|
| 2/27/2026Source: CRMLS | $1,240,000 -0.4% |
|
| 2/27/2026Source: TheMLS (CLAW) | $1,240,000 -0.4% |
|
| 7/29/2025Source: CRMLS | $1,245,000 4.8% |
|
| 7/29/2025Source: TheMLS (CLAW) | $1,245,000 4.8% |
|
| 6/16/2025Source: CRMLS | $1,188,000 6.1% |
|
| 6/16/2025Source: TheMLS (CLAW) | $1,188,000 6.1% |
|
| 12/23/2024Source: CRMLS | $1,120,000 -2.6% |
|
| 12/23/2024Source: TheMLS (CLAW) | $1,120,000 -2.6% |
|
| 10/18/2024Source: CRMLS | Closed |
|
| 10/18/2024Source: TheMLS (CLAW) | Sold |
|
| 10/10/2024Source: CRMLS | $1,925 -3.5% |
|
| 10/10/2024Source: TheMLS (CLAW) | $1,925 -3.5% |
|
| 9/18/2024Source: CRMLS | $1,995 17.7% |
|
| 9/18/2024Source: TheMLS (CLAW) | $1,995 17.7% |
|
| 9/14/2024Source: CRMLS | $1,695 -5.0% |
|
| 9/14/2024Source: TheMLS (CLAW) | $1,695 -5.0% |
|
| 9/5/2024Source: CRMLS | $1,150,000 -10.7% |
|
| 9/5/2024Source: TheMLS (CLAW) | $1,150,000 -10.7% |
|
| 8/17/2024Source: CRMLS | $1,288,000 -7.3% |
|
| 8/17/2024Source: TheMLS (CLAW) | $1,288,000 -7.3% |
|
| 6/28/2024Source: CRMLS | $1,785 -10.1% |
|
| 6/28/2024Source: TheMLS (CLAW) | $1,785 -10.1% |
|
| 6/7/2024Source: CRMLS | $1,985 -3.2% |
|
| 6/7/2024Source: TheMLS (CLAW) | $1,985 -3.2% |
|
| 5/17/2024Source: CRMLS | $2,050 -6.6% |
|
| 5/17/2024Source: TheMLS (CLAW) | $2,050 -6.6% |
|
| 5/13/2024Source: CRMLS | $1,389,000 -0.7% |
|
| 5/13/2024Source: TheMLS (CLAW) | $1,389,000 -0.7% |
|
| 4/23/2024Source: CRMLS | $1,399,000 -2.0% |
|
| 4/23/2024Source: TheMLS (CLAW) | $1,399,000 -2.0% |
|
| 4/15/2024Source: CRMLS | $2,195 -3.7% |
|
| 4/15/2024Source: TheMLS (CLAW) | $2,195 -3.7% |
|
| 3/11/2024Source: CRMLS | $2,280 -4.2% |
|
| 3/11/2024Source: TheMLS (CLAW) | $2,280 -4.2% |
|
| 3/8/2024Source: CRMLS | $2,380 -7.8% |
|
| 3/8/2024Source: TheMLS (CLAW) | $2,380 -7.8% |
|
| 3/1/2024Source: CRMLS | $2,580 -4.3% |
|
| 3/1/2024Source: TheMLS (CLAW) | $2,580 -4.3% |
|
| 2/22/2024Source: CRMLS | February 22, 2024 |
|
| 2/22/2024Source: TheMLS (CLAW) | February 22, 2024 |
|
| 1/3/2024Source: CRMLS | January 03, 2024 |
|
| 1/2/2024Source: TheMLS (CLAW) | January 02, 2024 |
|
| 9/24/2022Source: CRMLS | September 24, 2022 |
|
| 6/24/2022Source: TheMLS (CLAW) | June 24, 2022 |