Property listed by Andrew Cha, Andrew Cha 213-305-5636
$2,379,000
We are pleased to present this 5-unit offering in Wellington Square, a historic and great community on the corner of Virginia Road and Washington Blvd. The property has an excellent unit mix consisting of (2) 4 Bed/2 Bath, (2) 3 Bed/1 1/2 Bath, and (1) 2 Bed/1 Bath. All units… Read More have wall A/C and central heating. The subject property sits on a 10,359-square-foot corner lot zoned LAR3, built in 1983 (non-rent-controlled building), with individual electric, gas meters, and water heaters. The building is well-maintained and features on-site laundry, 10 parking spaces, and 3 covered spaces. There is NO soft-story parking required. This is an excellent value-add opportunity for an investor. Read Less
Listing Snapshot
Days Online
75
Last Updated
Property Type
Other
Beds
16
Square Ft.
5,624
Lot Size
0.24 Acres
Year Built
1983
MLS Number
25503451
30 Days Snapshot Of 90016
$683k
-35%
(avg) sold price
9
-35%
homes sold
97
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1983, Building area total: 5,624, Levels: MultiSplit, Living area: 5624, 1 building
Community
Gated
Heating
Central
Income
Gross income: $194,640, Net operating income: $142,072
Lot
0.2378 acres, 10,359 square feet, Size: 10,359
Parking
10 totals parking, Gated
Property
Zoning: LAR3
Security Features
GatedCommunity
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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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