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Image 1 - 1980 Addison Way, California, 90041 - House for sale
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Addison Way, Eagle Rock, Home For Sale
1980 Addison Way, California, 90041

Addison Way, Eagle Rock, Home For Sale

house for sale
Listed: 08/21/24

1980 Addison Way, California, 90041

6 Bed:
4 Bath:
3,232 Sq Ft Living Area:
Save
Price
$ 1,48M

About This House

Incredible investment opportunity to own a lovely 4-unit complex in the highly sought after area of NELA Know as Eagle Rock. The property boasts two spacious (2Bedroom, 1 Bath Units) and two (1Bedroom, 1 Bath units) and is delivered fully occupied. 3, 232 SQFTof living area with a6, 501 SQFTLot. Property has Four (4) covered car garages and a Storage/Laundry area. Low maintenance property with minimal landscaping, the roof was redone in 2014. Huge upside potential for rent increase. Well positioned in a high-density residential area with high demand for rental properties, the property is conveniently near restaurants, taverns, shops, Trader Joes, Occidental College and Yosemite Recreation Center with easy access to Glendale, Burbank, Los Angeles and Pasadena.

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Eagle Rock Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 1 bed houses for sale in/near Eagle Rock, Los Angeles, United States averaged $837,581, a decrease of 20.3% from the previous month.
Median price trends for properties for sale in Eagle Rock, Los Angeles, United States as of August 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.