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    1960 S Holt Avenue

    Los Angeles (City), CA 90034
    • $4,695,000
    • STATUS: Active
    • ON SITE: 80 days
    • ID#: PW20156214
    UPDATED: 60 min ago
    $4,695,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,209
      SQFT
    • $385
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    The Lido Apartments is located in the La Cienga Heights neighborhood of Los Angeles. This location enjoys easy access to transportation, employment, shopping, dining and entertainment. With a high walk score of 81, most of these amenities are within walking distance.The property is very well maintained with several major items being completed in recent years including seismic retrofit and a new central water heater. Nine (60%) of the units have already been renovated, which will enable a new owner to create value by renovating interiors on turn overs and significantly raise rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T12:28:42.19. 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/108543110
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    1960 S Holt Avenue Los Angeles (City), CA 90034

    • Price: $4,695,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: PW20156214
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    12,209
    SQFT
    $385
    $/SQFT
    1963
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    The Lido Apartments is located in the La Cienga Heights neighborhood of Los Angeles. This location enjoys easy access to transportation, employment, shopping, dining and entertainment. With a high walk score of 81, most of these amenities are within walking distance.The property is very well maintained with several major items being completed in recent years including seismic retrofit and a new central water heater. Nine (60%) of the units have already been renovated, which will enable a new owner to create value by renovating interiors on turn overs and significantly raise rents.
    Exterior Features

    Carport Spaces 8.00 Garage Spaces 0.00 Lot Features Lot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportDrivewayTandem Uncovered Parking Total 20.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Uncovered Spaces 12.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 80735.00 Gross Operating Income 281478.00 Gross Scheduled Income 290184.00 Insurance Expense 4413.00 Land Lease YN No Laundry YN Yes Net Operating Income 165245.00 New Construction YN No New Taxes Expense 54932.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 116234.00 Professional Management Expense 5000.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 116234.00 Trash Expense 0.00 Vacancy Allowance 8706 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Other Zoning Lard2

    Listing provided courtesy of Grant Hahn of Morgan Skenderian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T12:28:42.19. 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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