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516 N Rustic Drive, Los Angeles, CA 90065

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$38,500
516 N Rustic Drive
Los Angeles, CA 90065
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Acres

0.00

Property Type

Land

Days on Market

8

Property Highlights

30K Price reduction An opportunity not to be missed Motivated seller excited to make a deal Lush City and Canyon Views on the historic side of Mt Washington Easy access to the Southwest Museum Metro Stop and everything Highland Park has to offer not to mention zoned for Mt Washington Elementary This lot packs a bunch and is one of the BEST PRICED parcels on the Mountain 520 and 524 N Rustic are also for sale different owner but finding 3 contiguous vacant and buildable lots presents a rare opportunity to build your dream compound However rest assured that even taken on its own 516 is a very sweet spot to build your forever home enjoy breathtaking sunsets and find yourself solidly amid nature but close to everything that makes Northeast Los Angeles one of the most vibrant communities in LA Drive by today and dream of home

Property Features

Property Management Analysis for 516 N Rustic Drive*

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.
Are you searching for an investment property that matches your financial objectives? Interested in the possible rental income it could produce in the current market? Through proficient property management, we have estimated the monthly rental revenue for this property.
We estimate that this property will rent for about $152 per month.*
This valuable information will assist you in making informed decisions about your property investments. Property Management involves the daily oversight of residential, commercial, or industrial real estate by a third-party company. Property managers play a crucial role in maintaining the value of the property while generating income. It’s essential to understand your property management responsibilities when considering an investment property. By hiring us as the best property management company, we can help you maximize your real estate investment.
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Property Services
$128
Low
$152
Estimate
$170
High
*Rental estimate is automatically generated and may not be representative of actual performance. Access the latest real estate market trends and more here: https://erabrokers.com/research
It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.
The rental real estate market outlook for the 90065 area is expected to be promising in the coming years. Located in Los Angeles, this neighborhood has been witnessing a surge in demand for rental properties due to its desirable location and attractive amenities. One of the key factors driving the market is the area's proximity to Downtown LA, making it a popular choice for young professionals and families seeking convenient access to employment, entertainment, and cultural hubs. Additionally, the 90065 area offers a diverse range of housing options, including traditional houses, apartments, and condos, accommodating varying rental budgets and preferences. As a result, both local and national investors are showing confidence in this market, leading to increased development and investment in rental properties. Furthermore, the consistent growth of rental rates in recent years, coupled with the limited availability of affordable housing, indicates that property owners and landlords can expect steady returns on their investments. With its strong market fundamentals and favorable rental demand dynamics, the rental real estate market outlook for 90065 appears promising for both investors and renters.

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30 years fixed

7%

Monthly Payment
$205
This calculator is meant for estimates only. The loan amount defaults to 80% of the listing price (assuming a 20% down payment). Contact a loan professional for the most accurate information and interest rates.

Related Listings

Listing by: Elizabeth Daly
Sotheby's International Realty
MLS #: 25524849
Buyers Agent Compensation: Not specified
Listing Date: 4/13/2025
Last Updated: 4/21/2025
Views: 1
Saved: 0
Data sourced from California Regional MLS.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
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