Property listed by LoanRate, Alfredo Gonzalez 562-682-8282
$2,200,000
Incredible Multifamily opportunity in a High Demand Mid Los Angeles neighborhood featuring 9 very well-maintained units. Owner's unit consist of 3 bedrooms and 2 full baths with a Master walk-in closet and inside laundry area. This property sits on a large almost double lot with 13,358 square feet that will… Read More be strong for any future development or large apartment complex build out. The property consists of 5 separate buildings with 1)3 bedroom and 2 bath owners' unit, 6)2 bedroom and 1 bath, and 2)1 bedroom and 1 bath units. Owner's unit will be delivered vacant along with 2) 2-bedroom units. Located just minutes from downtown Los Angeles, USC, and all major transit corridors including the 10,110 and the 5 Freeways. Don't miss this incredible opportunity to acquire a Multifamily property offering immediate cash flow and long-term upside in a well-established market. Read Less
Listing Snapshot
Days Online
105
Last Updated
Property Type
Apartment
Lot Size
0.31 Acres
Year Built
1921
MLS Number
PW25194790
Additional Details
Property Access
Frontage Type: CityStreet
Building
Built in 1921, 5 buildings, 2 stories, Levels: One, Two, Entry level: 1, Entry location: Front, Construction Materials: Stucco, WoodSiding
Community
StreetLights, Sidewalks
Expenses
Operating: $42,194
Fence
WroughtIron
Floors
Tile, Vinyl
Foundation
Combination
Garage
1 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $193,608, Gross ScheduledIncome: $193,608, Net Operating Income: $151,414
Laundry
Inside
Lot
0.3067 acres, SixToTenUnitsAcre
Parking
6 open parking spaces, 7 total parking spaces, Concrete, DoorSingle, Driveway, Garage, Gated
CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected, Water Source: Public, Standard, 9 separate electric meters, 9 separate gas meters
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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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