1601 Fair Park Avenue, Eagle Rock, CA 90041

Local realty services provided by:ERA Donahoe Realty
#1
1601 Fair Park Avenue,Eagle Rock, CA 90041
$170,000
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:stephen lampe
Office:re/max commercial & investment
MLS#:SB25158948
Source:SANDICOR

Price summary

  • Price:$170,000

About this home

This is a 10% interest as a Tenant in Common with 3 other owners who own the remaining 90%. One of a kind Charming Spanish Adobe Style 6 unit 1920's apartment complex. Situated on a large corner lot in a quiet residential neighborhood with tree lined streets. All units are 1 bedroom 1 bath, and several have been remodeled, but have retained the charm and character of the 1920's with ceramic tile in the kitchens and bathrooms, and hardwood floors. There are 4 garages on the side of the property. The property is valued at $1,700,000 and has a TIC Agreement with the three other owners. There is an existing loan with a balance of $575,000 and bears an interest rate of 4.75%. The monthly payment is $3,129.88 of which $2,284.96 was interest and $844.92 was principal reduction as of the May 2025 Mortgage Statement. The loan is a fully amortizing loan that matures on October 1, 2052 so there is no balloon payment. When taking 10% of the NOI of $9,322 and deducting 10% of the annualized

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Home facts

  • Listing Id #:SB25158948
  • Added:19 day(s) ago
  • Updated:August 14, 2025 at 02:02 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4

Heating and cooling

  • Cooling:Wall/Window
  • Heating:Floor Furnace

Finances and disclosures

  • Price:$170,000
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