CASH-COW! OXY STUDENT HOUSING!
1432 ARMADALE AVE,
HIGHLAND PARK 90042
List Price $1,200,000
This 6-bedroom home with converted garage has room for 7 people
Location, Location, Location!
A mere 210 yards from the Occidental College campus makes this home perfect for Oxy student housing!
Today's market rent is $1,000 per bedroom so what does that mean?
It means that this cash-cow could bring the lucky new owner $7k per month (=$84,000 per year)!
GRM = 14.29 and delivered VACANT at COE.
Not only is this home super close to the Oxy campus, it is also super-close from the epicenter of all that is "hot and happening" in Highland Park
Only 4-1/2 blocks from "York Park" and the intersection of Avenue 50 & York Blvd- you can't beat that!
Don't miss this incredible opportunity in red-hot NELA near the Oxy campus!
2,710sqft of living space
BONUS: Garage converted into additional living space
Year Built: 1925
Zone: Single Family Residential (R1-1)
Occidental College Adjacent (a mere 210 yards from the Oxy campus)
Only 4-1/2 short blocks from "York Park" and Avenue 50 & York Blvd- the epicenter of all that is hot and happening in Highland Park
AMAZING cash-flow opportunity
PERFECT housing for Oxy students
Buying or Selling Real Estate?
Contact Us Today!
Real Estate Broker / Animal Lover
Homes Fur All is a 501(c)3 non-profit charity organization dedicated to helping the people and pets of NELA.
The Fitzburgh Realty Team