Seller financing available! Excellent opportunity for an owner-user, investor, or developer near MacArthur Park and Downtown LA! This well-maintained property offers updated units featuring German laminate wood flooring, Italian tile, granite kitchen countertops, formal dining rooms, and spacious bedrooms with walk-in closets. Each unit includes mini-split AC systems and in-unit… Read More laundry hookups. The gated building is equipped with dual-pane windows, two 2-car garages, and completed earthquake retrofitting. Conveniently located just two blocks from Home Depot and close to shops and restaurants. Great tenants due for an increase in rent, adding significant upside potential! Income per year is $97,440. Expenses per year are: Taxes $16,000 | Water/Sewer/Sanitation $5,400 | Insurance $4500 | Gardener $1080. Read Less
Property listed by Estate Properties, Emory Donelson 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
6
Square Ft.
4,083
Lot Size
0.14 Acres
Year Built
1936
MLS Number
26673871
Additional Details
Appliances & Equipment
GasRange
Building
Built in 1936, Living area: 4083.0, 1 building, Building faces South, 2 stories, Levels: MultiSplit, Entry location: Ground Level w/steps, Construction Materials: Stucco
Community
Gated
Exterior Features
Patio/Porch Features: Concrete
Fireplaces
Decorative
Floors
Laminate, Tile
Garage
4 spaces
Heating
WallFurnace
Income
Gross Income: $97,440, Net Operating Income: $70,460
Interior Features
CeilingFans
Laundry
Inside
Lot
0.1387 acres
Parking
4 open parking spaces, 8 total parking spaces, Driveway
Pool
None
Property
UpdatedRemodeled, CityLights
Roof
Composition, Shingle
Security Features
GatedCommunity
Taxes
Parcel Number: 5154023016, Zoning: LAR4
Tenant Pays
Electricity, Gas
Utilities
4 separate electric meters, 4 separate gas meters
Windows
DoublePaneWindows
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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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