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1400 Exposition Boulevard

Los Angeles (City), CA 90018
  • $1,500,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 21778240
UPDATED: 46 min ago
$1,500,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 1400 Exposition Blvd, just a short distance from the internationally renowned University of Southern California (USC). This two-story building is located in an Opportunity Zone, and was constructed of wood frame and stucco on a raised foundation built in 1963 with a square footage of 3,996 on a 6,002-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) spacious 3-bedroom+ 1-bathroom units. The subject property is 100% occupied, and all tenants are current with rental payments.The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, Ten (10) on-site parking spaces, and individually metered for gas and electricity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T20:28:50.48. 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/120954239
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1400 Exposition Boulevard Los Angeles (City), CA 90018

  • Price: $1,500,000
  • Status: Active
  • Updated: 46 min ago
  • ID#: 21778240
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1963
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 1400 Exposition Blvd, just a short distance from the internationally renowned University of Southern California (USC). This two-story building is located in an Opportunity Zone, and was constructed of wood frame and stucco on a raised foundation built in 1963 with a square footage of 3,996 on a 6,002-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) spacious 3-bedroom+ 1-bathroom units. The subject property is 100% occupied, and all tenants are current with rental payments.The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, Ten (10) on-site parking spaces, and individually metered for gas and electricity.
Exterior Features

Carport YN Yes Parking Features Carport

Property Features

Gross Income 115800 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 89978 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5

Listing provided courtesy of Adam Shamooelian of Keller Williams Beverly Hills and Davis Saadian of


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T20:28:50.48. 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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