Address
Not Disclosed Los Angeles, CA
Price
$ 1,489,000
Property Attributes
  • MLS#0021687346
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan Southwest
  • Zip90044
  • Style
  • Price$ 1,489,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Barnett Renderos
Data Source:
California Desert Association of REALTORS
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.

Price History
2/5/2021 Listed $1,536,000
3/9/2021 4% - $1,489,000

General Features

Accessibility Other
MLS Area C36 - Metropolitan Southwest
Parking Features Tandem Garage, Parking Space
Security Features Gated Community
Senior Community Y/N No
Zoning LCR320U*

Interior Features

Fireplace Features Outside
Fireplace Y/N Yes
Kitchen Appliances Oven
Laundry Features Individual Room
Total Stories 2

Exterior Features

Land Lease Type Fee
Lot Size Acres 0.13
Lot Size Area 5816.0
Lot Size Square Feet 5816.0
Lot Size Units Square Feet
Numberofunitsbuildings 1
Pool Y/N? No

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 90044

Price
AVG $950K
$1.49M
Visits
AVG 19
5
Year Built
AVG 1937
1956

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