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    927 Camulos Street

    Los Angeles (City), CA 90023
    • $1,250,000
    • STATUS: Active
    • ON SITE: 65 days
    • ID#: 20622074
    UPDATED: 35 min ago
    $1,250,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    This listing is a 4-unit fully rented (4.7 cap rate) multifamily property situated in the gentrifying Boyle Heights neighborhood of Los Angeles. The subject property has been newly renovated and consists of a large three (3) bedroom house in the front and three (3) one-bedroom (1 Bd/1 Bath) units in the back. Three of the four units were newly renovated in 2020 and have new tenants who have signed leases during Summer 2020 who are paying market rent. This exceptional investment property with upside has new electrical wiring inside the walls of all 4 units, new subpanels in each unit, and separate meters with 220 in the front house. Tenants pay for electricity, gas and trash. There are new drain lines and copper plumbing for all units and the front house. Located minutes from Downtown LA, the trendy Arts District, USC Medical Center, White Memorial Hospital, Cal State LA and popular retailers and restaurants with easy access to freeways and walking distance to public transportation.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-29T21:31:19.857. 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/109336417
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    927 Camulos Street Los Angeles (City), CA 90023

    • Price: $1,250,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 20622074
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1913
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    This listing is a 4-unit fully rented (4.7 cap rate) multifamily property situated in the gentrifying Boyle Heights neighborhood of Los Angeles. The subject property has been newly renovated and consists of a large three (3) bedroom house in the front and three (3) one-bedroom (1 Bd/1 Bath) units in the back. Three of the four units were newly renovated in 2020 and have new tenants who have signed leases during Summer 2020 who are paying market rent. This exceptional investment property with upside has new electrical wiring inside the walls of all 4 units, new subpanels in each unit, and separate meters with 220 in the front house. Tenants pay for electricity, gas and trash. There are new drain lines and copper plumbing for all units and the front house. Located minutes from Downtown LA, the trendy Arts District, USC Medical Center, White Memorial Hospital, Cal State LA and popular retailers and restaurants with easy access to freeways and walking distance to public transportation.
    Exterior Features

    Garage Spaces 0.00 Lot Size Source Appraiser Lot Size Units Square Feet Parking Features DrivewayCommunity Structure Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN No

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No Laundry Features See Remarks

    Property Features

    Country Us Financial Info As Of 2020-08-21 00:00:00 Gross Income 82800.00 Gross Multiplier 15.10 Gross Operating Income 80316.00 Laundry YN Yes Net Operating Income 59042.00 Property Condition Updated/Remodeled Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Total Expenses 21274.00 Vacancy Allowance Rate 0.00 Zoning Lar2

    Listing provided courtesy of Elizabeth Clark of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-29T21:31:19.857. 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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