Brand New Construction in Montecito Heights. 2 detached homes and JADU on one lot. Separate addresses and utilities. Front house, 4205 Mercury Ave., 1650 +/- sq feet. Brand new construction. Featuring 3bd 2.5 ba. Open floor-plan. Entertainers delight. Gourmet kitchen with island sitting. Bar counters with glass cabinets. From living… Read More room, access to the outdoor deck. Multiple view decks for outdoor entertainment. Rented for 4,090.00. 4205 1/2 Mercury Ave., was the existing back house. View galore. about 1000 Square feet. Featuring, 2 storey, 2bd 2.5ba, Totally 100% remodeled in 2024. Brand new kitchen, plumbing, bathrooms, electrical, roof, windows, water heater, doors, flooring, central air/heat, electric panel and much, much more. Private outdoor patio with panoramic views. Rented for $3,075.00. 4205 1/4 is studio. about 300 +/- square feet. Rented 1,975.00. The property is located in the Montecito Heights area. It's LA's up and coming neighborhood. California living at its finest. Close to Fwy, DTLA & Pasadena. ALL tenants are Section 8 tenant. Rents are on time and guaranteed. For owner occupancy buyers, the 4205 lease terminates on 4/8/2025 and 4205 1/2 lease terminates on 5/8/2025. The rents are at PREMIUM and ACTUAL. Read Less
Property listed by Shirvan Group Inc, Ben Shirvanian 818-822-6026
Listing Snapshot
Days Online
209
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,940
Lot Size
0.1 Acres
Year Built
2024
MLS Number
24456178
30 Days Snapshot Of 90032
$978k
+19%
(avg) sold price
11
-15%
homes sold
46
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Microwave
Building
Built in 2024, Building area total: 2,940, Levels: Two, Living area: 2940, 2 stories, 2 buildings
Cooling
CentralAir
Heating
Central
Income
Gross income: $118,560, Net operating income: $109,810
Lot
0.1016 acres, 4,424 square feet, Size: 4,424
Parking
2 totals parking, Driveway
Property
Zoning: LAR1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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