Great cashflow or development opportunity in vibrant, high rental demand area. Zoned R1.5, TOC Tier 3 with significant density bonuses and reduced parking requirements. Close to public transportation, and the famous El Salvador Corridor with its many restaurants, shops and houses of worship. Fully occupied with long term tenants. Low… Read More maintenance-- separately metered utilities, including trash. Owner pays water only. 6.1% Cap rate. Charming Queen Anne revival architecture. Lots of upside. Convenient to West Adams, USC and Downtown. Drive by only, offer subject to interior inspection. Read Less
Property listed by Coldwell Banker Realty, Cricket Yee 310-259-7556
Listing Snapshot
Days Online
133
Last Updated
Property Type
MixedUse
Lot Size
0.15 Acres
Year Built
1961
MLS Number
SR25246068
Additional Details
Building
Built in 1961, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Insurance: $3,789, Operating: $16,091, Water/Sewer: $4,800, Other Expense: $7,502
Income
Gross Income: $64,212, Gross ScheduledIncome: $64,212, Net Operating Income: $48,121
Laundry
None
Lot
0.1462 acres, ZeroToOneUnitAcre
Parking
4 carport spaces, 2 open parking spaces, 6 total parking spaces
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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