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    914 W 40Th Place

    Los Angeles (City), CA 90037
    • $797,500
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: 20629322
    UPDATED: 44 min ago
    $797,500
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this four (4) unit multifamily investment offering, located in the City of Los Angeles. The subject property is constructed of wood frame and stucco, built-in 1942, with approximately 2,976 rentable sqft on a 5,462 sqft lot. The asset is comprised of a two-story structure, with a unit mix consisting of two (2) 2+1 units and two (2) 1+1 units. 55% upside in rents and 1 block away from the Coliseum.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T23:31:00.64. 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/109899585
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    914 W 40Th Place Los Angeles (City), CA 90037

    • Price: $797,500
    • Status: Active
    • Updated: 44 min ago
    • ID#: 20629322
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1923
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    We are pleased to offer for sale this four (4) unit multifamily investment offering, located in the City of Los Angeles. The subject property is constructed of wood frame and stucco, built-in 1942, with approximately 2,976 rentable sqft on a 5,462 sqft lot. The asset is comprised of a two-story structure, with a unit mix consisting of two (2) 2+1 units and two (2) 1+1 units. 55% upside in rents and 1 block away from the Coliseum.
    Exterior Features

    Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances DishwasherRefrigerator Appliances YN Yes Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Country Us Gross Income 40512.00 Gross Multiplier 19.69 Gross Operating Income 38486.00 Net Operating Income 26333.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 14179.00 Zoning Lar3

    Listing provided courtesy of Sherwin Soumekh of Brc Advisors- Bh and Davis Saadian of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T23:31:00.64. 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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