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    Address Not Available By Request

    Los Angeles (City), CA 90044
    • $1,489,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: 21687346
    UPDATED: 55 min ago
    $1,489,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,932
      SQFT
    • $379
      $/SQFT
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    This is a rare opportunity to purchase an investment property in excellent condition, which has been in a non-rent control area of Los Angeles. This well-maintained property has been 100% occupied with no vacancies for the past 7 years, and has upside rental potential! Great mix of 1 & 2 bedroom units. Some units have been updated. Located close to elementary schools, high schools, and West Los Angeles College. Conveniently located within one mile of both 110 &105 Freeways. Laundry room with plumbing, for additional income. Most units below market rent. Current cap: 5%. Market cap: 5.9% PLEASE DO NOT ENTER THE PROPERTY OR DISTURB TENANTS. Tenants are not aware of the sale. Units are available for showing with an accepted offer only. Buyer to cooperate with seller's 1031 Exchange. Agent is related to the sellers.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T22:35:40.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/113941161
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    Address Not Available By Request Los Angeles (City), CA 90044

    • Price: $1,489,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 21687346
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,932
    SQFT
    $379
    $/SQFT
    1956
    Built
    Neighborhood:
    C36 - Metropolitan Southwest
    County:
    Los Angeles
    Area:
    C36 - Metropolitan Southwest
    Property Description
    This is a rare opportunity to purchase an investment property in excellent condition, which has been in a non-rent control area of Los Angeles. This well-maintained property has been 100% occupied with no vacancies for the past 7 years, and has upside rental potential! Great mix of 1 & 2 bedroom units. Some units have been updated. Located close to elementary schools, high schools, and West Los Angeles College. Conveniently located within one mile of both 110 &105 Freeways. Laundry room with plumbing, for additional income. Most units below market rent. Current cap: 5%. Market cap: 5.9% PLEASE DO NOT ENTER THE PROPERTY OR DISTURB TENANTS. Tenants are not aware of the sale. Units are available for showing with an accepted offer only. Buyer to cooperate with seller's 1031 Exchange. Agent is related to the sellers.
    Exterior Features

    Parking Features GarageOne SpaceTandem Pool Features None Pool Private YN No

    Interior Features

    Appliances Oven

    Property Features

    Buyer Financing Cash Community Features Gated Garage YN Yes Gross Income 111588 Laundry Features Laundry RoomOutside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 76867 Possession Close Of Escrow Security Features Gated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Zoning Lcr320u*

    Listing provided courtesy of Isaac Mokhtarzadeh of Barnett Renderos


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T22:35:40.89. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
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    The Bhagat Group
    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505