Property listed by Infini Realty Advisors, Inc, Jayson Kim 213-500-4134
$1,275,000
Infini Realty Advisors is pleased to offer a sale of the highly sought-after 5-unit apartment in the high rental demand area near main corridor in Koreatown. There is a significant upside in the current rents and 2 unit will be delivered vacant providing new owner(s) an opportunity to improve… Read More the property's cash flow. Additionally, the property boasts development opportunity as it sits on the R3 zone allowing the multi-units development. Property is located in walking distant to shopping, dining and public transportation and the surrounding area has seen numbers of new development of newer multi-units which transformed the area into a desirable rental location. Read Less
Listing Snapshot
Days Online
20
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,692
Lot Size
0.14 Acres
Year Built
1928
MLS Number
25482945
30 Days Snapshot Of 90006
$906k
+34%
(avg) sold price
4
+100%
homes sold
142
+158%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1928, Building area total: 3,692, Levels: One, Two, Living area: 3692, 1 story, 2 buildings
Expenses
Insurance expense: $2,750, Maintenance expense: $2,750, New taxes expense: $15,625, Trash expense: $750, Water sewer expense: $1,750
Heating
WallFurnace
Income
Gross income: $95,952, Net operating income: $72,327
Lot
0.1427 acres, 6,215 square feet, Size: 6,215
Parking
6 open parking spaces, 6 totals parking, None
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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