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Image 1 - 1568 Murray Circle, Los Angeles, CA 90026, USA - Townhouse for sale

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Residential Income

1568 Murray Circle, Los Angeles, CA 90026, USA

Residential Income

townhouse for sale

38 views

Listed: 02/13/23

1568 Murray Circle, Los Angeles, CA 90026, USA

Studio Bed:

1 Bath:

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Price

$ 2,15M

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About This Townhouse

1568 Murray Circle is a Silver Lake development opportunity featuring a gutted Spanish-style duplex on an oversized 9, 000+ SF corner lot. Located north of Sunset Boulevard and 0.7 miles from Sunset Junction, the subject property is in the heart of a trendy and vibrant community that offers residents a walkable commute to a wide array of beloved hotspots along Sunset Boulevard. Current improvements of this development opportunity include a gutted Spanish-style duplex comprised of (2) 2-bdrm. units (approx. 1, 500+ SF each) that feature storybook balconies on a 9, 000+ SF each. Based on renovated units in the area, we believe a future investor could achieve approx. $4, 900per unit and generate$9, 800in gross monthly income. Additionally, the lot … Full description

Amenities

This townhouse has a spectacular relaxation spot - a deck Roof Deck

Property Also Includes

Parking

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Silver Lake Housing & Living

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.

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