Property listed by ehomes, Eduardo Negrete 562-450-8530
$1,150,000
Fanstastic Building and Location. Single Homes going for much higher than this 4plex. Near Metro Express between Farmdale and La Brea Stops. Good opportunity for you to either live in or add to your portfolio. Building one is 3,064 sqft and it consist of 4 units FIRST FLOOR: (2 bed… Read More 1 bath - 1,042sqf) (1 bed 1 bath - 546 sqft) SECOND FLOOR: (2bd 1 bath - 930 sqft) (1 bed 1 bath - 546 sqft). Buidling two is 932 sqft and it consist of 2 X 2 car garages that are currently being split in between all 4 tenants. City of Los Angeles is under rent control with both Owner and Tenant rights. Please note that Owners may have rights to take over garages and convert them into ADU's (Additional Dwelling Units). This is zoned TOC3 which means you can build with density bonus with little to no parking will be required. Potential suitors should consult with professional and or the City directly to verify all information. Read Less
Listing Snapshot
Days Online
200
Last Updated
Property Type
Quadruplex
Lot Size
0.13 Acres
Year Built
1955
MLS Number
DW24137779
30 Days Snapshot Of 90016
$788k
0%
(avg) sold price
0
-100%
homes sold
95
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1955, Building area total: 3,064, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
StreetLights, Suburban, Sidewalks
Expenses
Electric expense: $5,000, Insurance expense: $2,900, Operating expense: $500, Trash expense: $3,600, Water sewer expense: $2,500
Garage
4 spaces
Income
Gross income: $4,100, Net operating income: $3,600
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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