2900 ELM ST Los Angeles, CA 90065

Prime location in up-and-coming, hipster Glassell Park! Sale Price $645,000, GSI = $35,725, GRM = 18.05, Cap Rate = 4+%. Unit #1: Well-maintained 3BD+2BA. Open floor plan. Spacious family room. Upgraded kitchen. Granite countertops. Hardwood flooring. Laundry in unit. Master bathroom updated recently. Small front yard. CAN BE DELIVERED VACANT. FMV rent at $1650+/month. Great for owner occupant to live in front and get income from back unit. Unit #2: Very cute 2BD+1BA. Private patio area. Granite countertops. Hardwood flooring. Extra storage in garage area. Laundry in unit. Current tenant pays $1432/month. Tree-lined street with foothill block views. Close to downtown LA. Adjacent to Eagle Rock and Highland Park. Easy commute to Silver Lake/Echo Park or Pasadena/Glendale. Sale Price $645,000! 5 Beds, 3 Baths. 1562 sq. ft. and 5300 sq. ft. lot. APN: 5454-031-012. Sale Price = $649,000. GSI = $35,725. Total Expense = $9,600. GRM = 18.05. Annual Net Income = $25,135. Cap Rate = 4.05%.