8353 Costello Ave, Los Angeles, CA 91402
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8353 Costello Ave, Los Angeles, CA 91402
8353 Costello Ave, Los Angeles, CA 91402
8353 Costello Ave, Los Angeles, CA 91402
8353 Costello Ave, Los Angeles, CA 91402
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Ayssa Escalante

Ayssa Escalante

+1(310) 728-0795
$ 1,050,000
Est. payment /mo
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8353 Costello Ave Los Angeles, CA 91402

6 Beds

4 Baths

1,730 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,730 sqft

Price per Sqft $606

MLS Listing ID 26872437

Bedrooms 6

Year Built 1949

Lot Size 6,255 Sqft

Acres 0.1436

Property Sub-Type Multi-Family

Property Description

Three-unit income property in Panorama City generating $6,915 per month / $82,980 annually in current gross rents. The property has undergone substantial improvements and combines a renovated 3-bedroom main residence with two ADUs. 8353 Costello is a 3-bedroom, 1-bath main house extensively renovated with a newer roof, upgraded plumbing, remodeled kitchen and bathroom, updated flooring and windows, tankless water heater, lighting and interior finishes.8355 Costello is a 2-bedroom, 1-bath ADU created from the former detached garage with an addition. The unit features its own kitchen, heating and air conditioning, tankless water heater, washer/dryer, separate electrical panel and updated finishes. A privacy fence separates the unit from the main house and provides its own outdoor area.8351 Costello is a newer 1-bedroom, 1-bath ADU and features its own kitchen, bathroom, HVAC, tankless water heater, electrical panel and updated finishes.All three units are currently occupied, with rents of $3,090, $2,230 and $1,595 respectively. A strong opportunity to acquire a stabilized income property with significant renovation and unit-conversion work already completed.

Location

State CA

County Los Angeles

Area Panorama City

Zoning LAR1

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Central, Wall

Cooling Central, Wall/Window

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Driveway

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Agency
Ayssa Escalante

Ayssa Escalante

Broker Associate | License ID: 01215536

+1(310) 728-0795

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8353 Costello Ave