4011 East Elizabeth Street
4011 East Elizabeth Street
Active Under Contract
Active Under Contract
Description
is the perfect opportunity to owner occupy the
3Bed+2Bath home in the front and rent out the ADU to
offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578
square foot lot, zoned LCR1. This property is priced at
only $375k/unit $333/sqft! This is one of the lowest
price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will
operate at 5.83% cap rate and 11.79...Renovated and fully vacant SFR + ADU! 4011 E Elizabeth
is the perfect opportunity to owner occupy the
3Bed+2Bath home in the front and rent out the ADU to
offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578
square foot lot, zoned LCR1. This property is priced at
only $375k/unit $333/sqft! This is one of the lowest
price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will
operate at 5.83% cap rate and 11.79 GRM. Whether you
are an owner/user or investor, this is the perfect
opportunity to break into the real estate market! Renovated and fully vacant SFR + ADU! 4011 E Elizabeth
is the perfect opportunity to owner occupy the
3Bed+2Bath home in the front and rent out the ADU to
offset your mortgage! You can pick your own tenants! This 2,250 square foot building is situated on a 5,578
square foot lot, zoned LCR1. This property is priced at
only $375k/unit $333/sqft! This is one of the lowest
price/units & price/sqft in the neighborhood. Once both units are rented for market, the property will
operate at 5.83% cap rate and 11.79 GRM. Whether you
are an owner/user or investor, this is the perfect
opportunity to break into the real estate market! ADU has not been permitted - Minor costs with permitting and plans and adding a firewall to legalize. Approximate cost between $15-$30K.
- Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-259-7556
- Listed by Molly First • DRE #02065583 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 4011 East Elizabeth Street
Location
Property Details for 4011 East Elizabeth Street
| Status | Active Under Contract |
|---|---|
| MLS # | SB24075943 |
| Days on Market | 20 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Townhouse |
| MLS Type | Residential Income |
| Year Built | 1956 |
| Lot Size | 0.13 AC / 5,578 SF |
| County | Los Angeles County |
Location
Building Information for 4011 East Elizabeth Street
Payment Calculator
$4,622 per month
30 year fixed, 7.25% Interest
$4,093
$529
$0
Property Information for 4011 East Elizabeth Street
- Gross Income: $63,600
- Gross Scheduled Income: $63,600
- Vacancy Allowance: 3180
- Net Operating Income: $43,755
- Gross Multiplier: 11.79
- Cap Rate: 5.83
- Operating Expense: $16,665
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $16,665
- Tax Block: 3
- Tax Tract Number: 6742
- Tax Census Tract: 5422.00
- CFD/Mello-Roos Fee: $814
- Tax Lot: 8
- Assessments YN: No
- Assessments: None
- Community Features: Urban
- Equipment: N/K
- Room Type: All Bedrooms Down
- Main Level Bathrooms: 3
- Main Level Bedrooms: 4
- Bedroom Features: All Bedrooms Down
- Laundry: No
- Laundry Features: None
- Laundry Location: N/K
- Fireplace Features: None
- Fireplace Rooms: None
- Fireplace: N/K
- Cooling: None
- Heating Type: Central
- Heating: Central
- Heat Equipment: Forced Air Unit
- Entry Location: Front
- Structure Type: Duplex
- Miscellaneous: Urban
- View Description: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Lease Considered: No
- Number Of Units: 2
- Available For Lease: No
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Sewer/Septic: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Residential Styles: Townhome
- Residential Unit Location: No Common Walls
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $3,500
- Unit Type Total Rent: $3,500
- Unit Type Pro Forma: 3500
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,800
- Unit Type Total Rent: $1,800
- Unit Type Pro Forma: 1800
- Unit Type Type: 2
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 1
- Number Of Separate Gas Meters: 1
- Number Of Separate Water Meters: 1
Property History for 4011 East Elizabeth Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4011 East Elizabeth Street
Schools near 4011 East Elizabeth Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 12 |
Rating | School | Distance |
|---|---|---|
Kelly Elementary School PublicK to 8 | ||
Roosevelt Middle School Public6 to 8 | ||
Dominguez High School Public9 to 12 | ||
Lifeline Education Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near East Rancho Dominguez
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763; Lyon Stahl Investment Real Estate, Inc., Molly First, DRE #02065583
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.