Property listed by Keller Williams Pacific Estate, Julio Bonilla 562-355-8060
$695,000
Attention Investors and Agents. Tenants will relocate. This 3-unit multi-family property is located in close proximity to Downtown LA, this property offers the flexibility to either build or continue collecting rent. This large multi-family dwelling is nearing completion just 10 doors down, enhancing the neighborhood's appeal. Currently configured as… Read More a 1-bedroom, it can easily be converted to a 2-bedroom with the addition of a simple door. The kitchen includes a cozy dining area, and there's a convenient indoor laundry room. The property has seen various upgrades over the years, ensuring it's well-maintained. Situated next to the newly revitalized Central Park Recreation Center, residents have access to community pools and recreation rooms. Onsite parking is ample, with direct access at the rear of the property via alley access. The location is unbeatable, with proximity to the Arts District, Fashion District, USC, and a quick commute into Downtown LA. The property has recently passed the LA city inspection, adding peace of mind for potential buyers. Multiple new builds in the immediate area signal ongoing development and increased property value. This is a must-see to appreciate all it offers. Subject to interior inspection. Call with any questions. Read Less
Listing Snapshot
Days Online
237
Last Updated
Property Type
Triplex
Lot Size
0.13 Acres
Year Built
1935
MLS Number
DW24118647
30 Days Snapshot Of 90011
$586k
-6%
(avg) sold price
4
-42%
homes sold
102
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1935, Building area total: 2,240, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Community
Park
Cooling
WallWindowUnits
Expenses
Licenses expense: $320, Operating expense: $7,836, Water sewer expense: $3,000
Fence
WroughtIron
Fireplaces
None
Floors
Vinyl
Income
Gross income: $36,000, Net operating income: $28,804
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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