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    1001 Hi Point Street

    Los Angeles (City), CA 90035
    • $2,050,000
    • STATUS: Active
    • ON SITE: 83 days
    • ID#: 20609738
    UPDATED: 31 min ago
    $2,050,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1933
    County:

    School Ratings & Info

    Description

    Wonderful Spanish Character Fourplex Pride of Ownership Property - Hardwood floors throughout - Art Deco tiling - arches - stained glass - Main building consists of 3 units, 4th unit is over the parking garage - 2 long term tenants - Upper front unit recently rehabbed - floors - paint - new kitchen flooring - new appliances - large living room w/fireplace - separate bonus/den/office w/beamed ceiling - kitchen w/sep breakfast room - 2 baths - large bedroom - Ideally located close to Downtown, Beverly Hills, Century City, The Grove and all that LA has to offer. 3 of the units are leased out - one vacancy over the parking garage - Oil and mineral rights are excluded - this is a Trust Sale w/no court confirmation. Great investment for first time investor or owner/occupier. Property is being sold in its AS IS condition. Spacious units and well priced!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T19:32:44.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/108275003
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    1001 Hi Point Street Los Angeles (City), CA 90035

    • Price: $2,050,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 20609738
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1933
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Wonderful Spanish Character Fourplex Pride of Ownership Property - Hardwood floors throughout - Art Deco tiling - arches - stained glass - Main building consists of 3 units, 4th unit is over the parking garage - 2 long term tenants - Upper front unit recently rehabbed - floors - paint - new kitchen flooring - new appliances - large living room w/fireplace - separate bonus/den/office w/beamed ceiling - kitchen w/sep breakfast room - 2 baths - large bedroom - Ideally located close to Downtown, Beverly Hills, Century City, The Grove and all that LA has to offer. 3 of the units are leased out - one vacancy over the parking garage - Oil and mineral rights are excluded - this is a Trust Sale w/no court confirmation. Great investment for first time investor or owner/occupier. Property is being sold in its AS IS condition. Spacious units and well priced!
    Exterior Features

    Architectural Style Spanish Construction Materials Stucco Direction Faces North Lot Features Lawn Lot Size Source Assessor Lot Size Units Square Feet Other Structures Guest House Parking Features Garage Parking YN Yes Roof Composition View City Lights View YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring Wood Laundry Features Outside

    Property Features

    Additional Parcels YN No Country Us Exclusions Oil And Mineral Rights Gross Income 122112.00 Gross Multiplier 16.78 Gross Operating Income 0.00 Laundry YN Yes Net Operating Income 85572.00 Number Of Units Leased 3 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays GasElectricity Total Expenses 36540.00 Zoning Lar3

    Listing provided courtesy of Stacey Babbitt of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-19T19:32:44.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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