Address
3940 Dobinson Street Los Angeles, CA
Price
$ 899,666
Property Attributes
  • ML#PW21000732
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90063
  • Style
  • Price$ 899,666
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Thomas Luong with Superior Real Estate Group.
Data Source:
CRMLS
Property Description

Great investment! Bread and butter to investors. Rent is way below the market and has a lot of room to growth. Rent around neighborhood ($2100-$2300/mo. X 4=$8400-$9200/mo.) instead of ($4262/mo.). Great Location! Close to USC Medical Center, USC Health Science Campus, Citadel Shopping Mall Plaza, Cal State University LA, USC school. Easily access to 5/10/60 and 710 freeways. Added smoke detectors/ Carbon Monoxide Detectors and Earthquake heater strappers to all units after obtained. Very rare property at this moment, it has same track number with 2 Parcel Nos. [This existing triplex on 1st lot and the 2nd empty lot may be constructed another duplex (~2400 sqft each]. Buyer to Verify with City again, possible to separate to 2 different address: ask the Owner how. Fireplace: Gas, Heating: Gas, Permitted Triplex has (Unit #1) 2BR + 1BA rent $1490/mo. (recently remodeled). ( Unit # 2) 2BR + 1BA rent $950/mo. )(Unit # 3) 2BR + 1 BA rent $947/mo. (Unit #4) 2BR + 2BA rent $875/mo [without permit]. 1st 2 tenants are living 20+ yrs. and the¬¬ 3rd tenant is 10+ yrs. Total rent is $4262/mo. PRO FORMA CAP RATE IS: 9.3%-10.4%. 12 parking Spaces. Property Sold AS-IS

Price History
1/4/2021 Listed $899,666

General Features

Community Features Mountainous
MLS Area 699 - Not Defined
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to New Loan, Conventional
Total Units 4
Water Sewer Expense 1651
Zoning LCR2*

Interior Features

Common Walls No Common Walls
Laundry Features None

Exterior Features

Lot Features 2-5 Units/Acre
Lot Size Acres 0.14
Lot Size Area 6034
Lot Size Source Assessor
Lot Size Square Feet 6034
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 2
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90063

Price
AVG $850K
$900K
Visits
AVG 34
34
Year Built
AVG 1923
1917
Walkscore
AVG 75
54
Data Provided by Walkscore ® not using MLS data

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