Pending
282 Thorne Street Highland Park, CA 90042
$1,598,000

Courtesy of DPP, Bobbie Curley. IDX Contact: 626-408-1280

Team Member Representing this Property

Bobbie Curley

Bobbie Curley

Listing Agent

DRE# 01252017

Property Description

Charming 1928 Four Plex in up-and-coming neighborhood. Each unit is similar in size, loaded with original charm and character. The rooms are large, each unit is approximately 1100-1200 square feet. Each unit has a formal living room with a decorative vintage tile fireplace and period wall sconces, a large formal dining room with classic Spanish light fixtures. Each unit has their own laundry hook up, service porch, and private yard. One unit is not pictured. That unit has a remodeled bath but original kitchen. That tenant has been there the longest. All 4 units are tenant occupied. The 3 units pictured have been updated with kitchen and bath remodels. Adjacent to South Pasadena, conveniently located to 110 fwy, Downtown LA, Pasadena, shopping, dining, parks etc. Do not disturb the tenants please.

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1928

House

  • Built in 1928
  • Stories: 2
  • 4428 total building sqft
  • 2+ Common Walls
  • Two

Community

  • Gutter(s)
  • Park
  • Sidewalks

Expenses

  • Electric Expense: $4,800
  • Insurance Expense: $5,000
  • Operating Expense: $7,200
  • Water Sewer Expense: $1

Income

  • Gross Income: 91200
  • Gross Scheduled Income: 98400
  • Net Operating Income: 91200

Laundry

  • Inside

Listing

  • 16 days on market
  • Listed on 2021-12-07
  • Rent controlled

Location

  • County: Los Angeles

Lot

  • 5519 sqft
  • 0.13 acres
  • Area: 5519
  • Yard

Property

  • Single building
  • 4 units
  • Property attached

Sewer

  • Public Sewer

Utilities

  • 0 separate electric meters
  • 4 separate gas meters
  • 0 separate water meters

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