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    2518 S Harcourt Avenue

    Los Angeles (City), CA 90016
    • $1,499,000
    • STATUS: Active
    • ON SITE: 712 days
    • ID#: PW18271901
    $1,499,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,318
      SQFT
    • $452
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    SOLID INCOME PROPERTY IN UP AND COMING WEST ADAMS DISTRICT. TWO BUILDINGS ARE ON A LOT. FRONT BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. BOTH UNITS HAVE 2 BED AND 1 BATH WITH LARGE LIVING AREA. BACK BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. FIRST FLOOR UNIT IS 1 BED AND 1 BATH, COMPLETELY UPGRADED. SECOND FLOOR UNIT HAS 2 BED AND 1 BATH, COMPLETELY UPGRADED WITH A LARGE LIVING ROOM AND KITCHEN HAS A ISLAND. NEW OWNER HAS the OPTION TO LIVE IN ONE OF THE REMODELED UNIT. BACK BUILDING HAS A ENCLOSED GARAGE WITH REMOTE. CURRENT OWNER IS PLANNING TO REMODEL THE FRONT BUILDING UNITS BUT POTENTIAL BUYER CAN TAKE OVER THE PROPERTY AS IS WITH REPAIR CREDIT. POTENTIAL GRM IS 15 WHICH IS VERY SOLID RETURN IN TODAY'S MARKET CONDITION.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T00:26:29.94. 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/89362528
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    2518 S Harcourt Avenue Los Angeles (City), CA 90016

    • Price: $1,499,000
    • Status: Active
    • ID#: PW18271901
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,318
    SQFT
    $452
    $/SQFT
    1923
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    SOLID INCOME PROPERTY IN UP AND COMING WEST ADAMS DISTRICT. TWO BUILDINGS ARE ON A LOT. FRONT BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. BOTH UNITS HAVE 2 BED AND 1 BATH WITH LARGE LIVING AREA. BACK BUILDING HAS TWO UNITS. FIRST AND SECOND FLOOR. FIRST FLOOR UNIT IS 1 BED AND 1 BATH, COMPLETELY UPGRADED. SECOND FLOOR UNIT HAS 2 BED AND 1 BATH, COMPLETELY UPGRADED WITH A LARGE LIVING ROOM AND KITCHEN HAS A ISLAND. NEW OWNER HAS the OPTION TO LIVE IN ONE OF THE REMODELED UNIT. BACK BUILDING HAS A ENCLOSED GARAGE WITH REMOTE. CURRENT OWNER IS PLANNING TO REMODEL THE FRONT BUILDING UNITS BUT POTENTIAL BUYER CAN TAKE OVER THE PROPERTY AS IS WITH REPAIR CREDIT. POTENTIAL GRM IS 15 WHICH IS VERY SOLID RETURN IN TODAY'S MARKET CONDITION.
    Exterior Features

    Construction Materials Stucco Garage Spaces 2.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayConcrete Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    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 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Forced Air Heating YN Yes Laundry Features Gas & Electric Dryer Hookup Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 97800.00 Gross Scheduled Income 97800.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 93800.00 New Construction YN No New Taxes Expense 14950.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 4000.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 18750.00 Trash Expense 600.00 Utilities Sewer Connected Water Sewer Expense 12000.00 Water Source Public Year Built Source Public Records Zoning Lard1.5

    Listing provided courtesy of Marc Lee of Stanford Raffles Commercial


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T00:26:29.94. 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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