Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac [email protected]
$1,995,000
143 North Reno Street in Los Angeles’ popular Westlake neighborhood. Under the same ownership for 25 years, this offering is an excellent opportunity to reposition a pride-of-ownership asset and capture 44 percent rental upside.
143 North Reno Street is a well-maintained, Spanish-style 1927 construction with 13 studios and three one-bedroom/one-bath units.… Read More The building also offers on-site laundry.
The property’s Westlake location offers easy access to world-class entertainment, dining and retail, and convenient proximity to the 101 Freeway and Downtown Los Angeles. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.14 Acres
Year Built
1927
MLS Number
PW25215111
Additional Details
Building
Built in 1927, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Operating: $127,299
Income
Gross Income: $206,319, Gross ScheduledIncome: $204,804, Net Operating Income: $79,020
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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