Property listed by Watkins Realty & Investments, Martin Watkins 310-301-3090
$2,800,000
1st Time on Market in Over 50 Years , This Well Maintained 14 Unit Building Sits in the Most Desireable area Of Baldwin Village just a block east of La Brea at Stevely Street. This area has had a Renaissance of Sorts in the last few years… Read More with Major developments Including Kaiser, New Light Rail less than 1/4 Mile away, Costco (Coming Soon) as well as Many Other Projects. Prospective Buyers will Inherit a Property with an Outstanding Mix of 8 (3) Bedroom 2 Bath Units and 6 (2) Bedroom/ 2 Bath Units with (1) of these Units being VACANT and One More Potentially Vacant. In addition there is gated parking for all Tenants, Washer and Dryer Room, Patios and Balconies on every Apt. Some Upgrades recently are New Windows and Patio Doors within the last 3 years, New Sewer Line, Some upgraded Electrical Sub Panels and Retrofit ( Soft Story) Completed. Seller is Motivated ! Read Less
Listing Snapshot
Days Online
30
Last Updated
Beds
36
Square Ft.
17,872
Lot Size
0.37 Acres
Year Built
1959
MLS Number
26649699
Additional Details
Building
Built in 1959, Living area: 17872.0, 2 buildings, Levels: Two
Community
Gated
Cooling
None
Heating
ForcedAir
Income
Gross Income: $294,072, Net Operating Income: $187,590
Interior Features
CeilingFans
Lot
0.372 acres
Parking
Carport
Security Features
GatedCommunity
Taxes
Parcel Number: 5030004030, Zoning: LAR3
Tenant Pays
Electricity, Gas
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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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