2816 Fredrick St is a great investment opportunity in Cypress Park an up and coming neighborhood of NELA. This duplex offers dwellings that are completely detached with separate gas and electric meters. Tenants are a short drive to Downtown Los Angeles, Silver Lake, and Old Town Pasadena. The front unit is currently tenant occupied with strong history of rent paid.What I Love About This Home:Perfect for an Owner/User or Novice Investor.Live-In-One | Rent-Other, or Realize a Cash-on-Cash ROI of 6.30%2816 Fredrick St offers a huge upside potential on Rental Income. Strong offers may receive concession consideration for tenant relocation assistance. The back unit is currently vacant. New owner may set the unit rental rate.
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: JONATHAN FRANCO RE/MAX LEADERS REAL ESTATE - CA BRE # shown above if in IDX data This listing's co-agent is: MINERVA FRANCO