2164 La Canada Crest Dr, La Canada Flintridge, CA 91011

Property Description

Rare four-plex in prime LaCanada location! Each unit has its own private patio/yard, fireplaces, spacious, lots of natural light, and with spectacular city and mountain views. The building has 4 covered parking spaces, on site laundry, close to the shopping and restaurants, and easy access to the freeway. These units are all extremely under rent, and approximately 100% upside in rents (2 of the tenants have vacated since the listing was taken, and these units are ready to be rented or renovated as soon as escrow closes! The third unit is owner occupied, and will be delivered vacant as well upon close of escrow if buyer desires). Although each unit is only one bedroom, there is a large den in each unit as well with closets in them. All tenants are long term tenants, and all leases are month-to-month. This property is not subject to rent control. Drive by only, and please do not disturb or talk with tenants. Seller intends to do a 1031 Tax Deferred Exchange, and buyer must agree to cooperate at no cost to the buyer. The seller is motivated!