Three unit income property in South Los Angeles. Two buildings totaling 2,128 sq ft on a 5,462 sq ft LAR2 lot with 3 separate garages. All three units are two bedroom. Units 537 and 535 each have 1.5 baths and unit 535 1/2 has 1 bath. Two of the three… Read More have been updated. Current rents are $2,020 at unit 537, $1,352 at unit 535 1/2 and $1,254 at unit 535, a scheduled $4,626 per month and $55,512 annually. On two of the three units, a portion of the scheduled income is paid directly each month under a Housing Assistance Payment contract. Every unit is separately metered for gas, electric and water, so tenants carry all utilities and ownership carries none. Walk Score 96, minutes to the 110, USC, Exposition Park and Downtown. A great investment opportunity with established tenants and steady income already in place from day one. Read Less
Property listed by Altera Real Estate Services, Renee Delgado 310-259-7556
Listing Snapshot
Days Online
11
Last Updated
Beds
6
Full Baths
3
Half Bath
2
Square Ft.
2,128
Lot Size
0.13 Acres
Year Built
1923
MLS Number
226004317
Additional Details
Building
Built in 1923, Living area: 2128.0, 1 storey, Entry location: Ground Level w/Steps
Floors
Wood
Garage
3 spaces
Heating
WallFurnace
Lot
0.1254 acres
Parking
3 total parking spaces
Taxes
Parcel Number: 5001025013, Zoning: LAR2
Utilities
3 separate electric meters, 3 separate gas meters, 3 separate water 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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