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Call us! 626.204.3300
1001 Rockdale Ave
Los Angeles, CA 90041
8 UNITS
Gentrifying Eagle Rock
ABOUT THE ASSET
$1,999,000
$1,576
$1,126
$1,750
$2,100
8
1959
6,166
11,358
5481-012-017
SUMMARY
Price:
Current Rents
One Beds
Two Beds
Market Rents
One Beds
Two Beds
Units
Year Built
Building SF
Lot SF
APN
PROPERTY DESCRIPTION
Bridge Investment Group is pleased to present the Rockdale Pagoda at 1001 Rockdale Ave in beautiful Eagle Rock. Built in 1959, this 8-unit property consists of four - 1 bed/1bath units and four - 2bed/1bath units totaling 6,166 sq.ft. All 8 units have spectacular views of the city. Two of the apartments have both a front and back door to their units.
Tenants have 8 tuck-under parking spaces and the option for street parking. This 11,358 sq.ft lot offers a community pool and on-site laundry facilities. Of the 8 units, 3 will be delivered vacant at close of escrow and possibly a 4th.
PROPERTY HIGHLIGHTS
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Rare opportunity to own 8 units in gentrifying Eagle Rock.
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Substantial value-add opportunity in a prime area of Los Angeles.
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This property has been family owned and operated for 44 years.
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Amenities include: a completely redone pool fully up to code, laundry on-site and wall heating (gas) and AC units.
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Each unit is individually metered.
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38% of the units will be vacant at close of escrow.
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With easy access to freeways & shopping, the Rockdale Pagoda is also near to Highland Park, Pasadena, South Pasadena and Glendale.
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Subject to Los Angeles Rent Control
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MORE INFO
PROPERTY LOCATION
CONTACT US FOR ADDITIONAL INFO.