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- ML#SB20025294
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaMetropolitan South
- Zip90003
- Style
- Price$ 1,230,888
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3204
- Lot Size6,042 SqFt
Listing Provided Courtesy Of:
Cameron Samimi with Lyon Stahl Investment Real Estate, Inc..
Property Description
1990 construction, absolute Cash Cow property in Los Angeles. This (4) Unit asset has a very strong mix with all units being 3-bedroom/1-bath. On current rents, the property is operating at a 6.27% Cap Rate and 11.27 GRM. Three units have been renovated by current owner, and one of the units will be delivered vacant at the close of escrow. There is tons of parking in the rear of the property with (8) spaces available. Fantastic opportunity to own a 90's construction building with the potential for well over 8% cash on cash return.
Price History | |
---|---|
2/4/2020 | Listed $1,288,888 |
6/15/2020 | 3% - $1,258,888 |
9/4/2020 | 1% - $1,250,888 |
9/15/2020 | 2% - $1,230,888 |
General Features
Attached Structure | Detached |
---|---|
Co-Listing Agent Last Name | Parker |
Co-Listing Agent Last Name | Boehle |
Co-Listing Agent State License # | 02054215 |
Co-listing Agent | Parker Boehle - BRE#02054215 |
Community Features | Curbs, Rural, Sidewalks, Suburban |
Directions | Off of Broadway and 90th St. |
Garage Spaces | 0.00 |
Listagentaor | South Bay |
Listing Agent | Cameron Samimi - BRE#02035763 |
Listing Agent State License | 02035763 |
MLS Area | C37 - Metropolitan South |
Pool Features | None |
Price Per Square Foot | 384.17 |
Sewer | Public Sewer |
Source System | CRMLS |
Special Listing Conditions | Standard |
Total Units | 4 |
Zoning | LAC2 |
Interior Features
1st Bedroom Area Unit Type | Square Feet |
---|---|
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area Unit Type | Square Feet |
Common Walls | No Common Walls |
Laundry Features | Community |
Laundry Y/N | Yes |
Studio Area Unit Type | Square Feet |
Exterior Features
Building Area Total | 3204.00 |
---|---|
Lot Features | 0-1 Unit/Acre |
Lot Size Acres | 0.1387 |
Lot Size Area | 6043.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 6043.00 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 4 |
Number of Separate Gas Meters | 4 |
Number of Separate Water Meters | 1 |
Total Parking | 0.00 |
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