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$925,000
Est. payment /mo
6,612 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24174391
HOA Y/N No
Year Built 1923
Lot Size 6,612 Sqft
Lot Dimensions Public Records
Property Sub-Type Multi Family
Property Description
Great Los Angeles location! Built in 1922, this well-maintained 6-unit complex features 3 separate buildings including three individual tenant garages, a large 2BR + 1Bath with an additional 1BR + 1Bath unit situated over garages, two additional separate buildings each with one 2BR+1Bath, unit and a one 1BR+1Bath for a total of 6 units. The complex has 3595 square feet of rentable space on a 6611-square-foot lot. Each unit is separately metered for gas, electricity, and water. The owner pays for sewer and trash. The complex is currently 100% occupied on month-to-month tenancy. An astute investor will have the ability to capture roughly 90% in rental upside as tenants vacate or by successfully implementing a “Cash for Keys” program. This property will be delivered with tenants at the close of escrow. Please submit a complete offer to view the property. Only potential buyers with accepted offers will be allowed to view the inside of individual units. Please note that the property is being sold “as-is,” and no repair request will be acknowledged. The deed to the property will be transferred as is.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LCR3YY
Interior
Fireplace No
Laundry None
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 6021005026
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Edward Elliott Dynasty R.E. Inc. 657-203-4900
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Lucio Real Estate Group
Broker Associate | License ID: 01893011
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