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Address Not Available By Request

Los Angeles (City), CA 90061
  • $600,000
  • STATUS: Active
  • ON SITE: 67 Days
  • ID#: 21770720
UPDATED: 49 min ago
$600,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Description

We are pleased to present this income property located in South Los Angeles, a fabulous opportunity to enter the multi-family market. This two on a lot features a front house with 3 bedrooms and 1 bathroom and a separate rear house with 2 bedrooms and 1 bathroom. The houses were built in 1922 and 1928 and contain approximately 1,800 square feet (Buyer to verify). Public records may reflect front house only. The lot is 5,320 square feet and is zoned LAR2. Both units are currently occupied and will be delivered with tenants in place. The property is producing good income with the front unit renting at $1,680 and the rear at $1,260 per month. The property has been well maintained and is being offered in as-is condition. Please make offers subject to inspection and provide DU approval, proof of funds and credit scores with all offers. The property will be shown with accepted offer only. Please do not walk on property or disturb the tenants in any way. Your professionalism is very much appreciated.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T10:26:14.627. 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/120243540
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Address Not Available By Request Los Angeles (City), CA 90061

  • Price: $600,000
  • Status: Active
  • Updated: 49 min ago
  • ID#: 21770720
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1928
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
We are pleased to present this income property located in South Los Angeles, a fabulous opportunity to enter the multi-family market. This two on a lot features a front house with 3 bedrooms and 1 bathroom and a separate rear house with 2 bedrooms and 1 bathroom. The houses were built in 1922 and 1928 and contain approximately 1,800 square feet (Buyer to verify). Public records may reflect front house only. The lot is 5,320 square feet and is zoned LAR2. Both units are currently occupied and will be delivered with tenants in place. The property is producing good income with the front unit renting at $1,680 and the rear at $1,260 per month. The property has been well maintained and is being offered in as-is condition. Please make offers subject to inspection and provide DU approval, proof of funds and credit scores with all offers. The property will be shown with accepted offer only. Please do not walk on property or disturb the tenants in any way. Your professionalism is very much appreciated.
Exterior Features

Parking Features Driveway

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Buyer Financing CashConventional Gross Income 35280 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 26460 Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning Lar2

Listing provided courtesy of Jerome Mcalpin of Mcalpin & Company


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T10:26:14.627. 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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