Skip To Content
    Return to Previous Page

    3172 Cazador Street

    Los Angeles (City), CA 90065
    • $985,000
    • STATUS: Active
    • ON SITE: 129 days
    • ID#: 20591968
    UPDATED: 25 min ago
    $985,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Since the duplex was constructed in 1989, it may allow for higher annual increases for those two units, which are not subject to Los Angeles rent control (Buyer to verify). Situated in the gentrifying Glassell Park neighborhood of Los Angeles, the investment offers a substantial opportunity for a new investor to add value, as current rents are approximately half of those in similar units in the area. Located near the intersection of San Fernando Road and Division Street, the property is adjacent to the recently revitalized neighborhoods of Mount Washington, Highland Park, and Elysian Valley. The investment only benefits from the numerous redevelopment projects lining the Los Angeles River, which is just five blocks from the property.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T16:28:54.54. 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/106925239
    Print Image

    3172 Cazador Street Los Angeles (City), CA 90065

    • Price: $985,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 20591968
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1922
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    Since the duplex was constructed in 1989, it may allow for higher annual increases for those two units, which are not subject to Los Angeles rent control (Buyer to verify). Situated in the gentrifying Glassell Park neighborhood of Los Angeles, the investment offers a substantial opportunity for a new investor to add value, as current rents are approximately half of those in similar units in the area. Located near the intersection of San Fernando Road and Division Street, the property is adjacent to the recently revitalized neighborhoods of Mount Washington, Highland Park, and Elysian Valley. The investment only benefits from the numerous redevelopment projects lining the Los Angeles River, which is just five blocks from the property.
    Exterior Features

    Lot Size Dimensions 50X150 Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Heating None Heating YN No

    Property Features

    Country Us Gross Income 49428.00 Gross Multiplier 19.93 Gross Operating Income 47945.00 Net Operating Income 27079.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 20866.00 Zoning Lar2

    Listing provided courtesy of Roderick 'Rick' Raymundo of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T16:28:54.54. 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.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364515632-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364515632-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364515632-1.jpg
    Logo
    Keller Williams Realty
    ,