For sale 4-Plex income-property investment in a hot Los Angeles, location.For more information please contact the listing agent, arminsoleimani@gmail.com 310.666.2246 & 818.524.0706

Posted: 06/17/2020 8:19 am | On HOMEiZ: 1410 days | Updated: 3 years ago | Views: 859

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$575000

Last Sold Price

$575000

Last Sold Date

08/06/2020

Total Lot Size

4,475.00 Sq. Ft.

Asking Price per Sq. Ft.

$240

Total Building Size Sq. Ft.

2400

Commission Split %

Contact Listing Agent%

Cap Rate %

4.46 %

Gross Annual Income

Net Operating Income

$25645

Gross Rent Multiplier

15.37

Annual Property Tax Rate for this property

0.755%

Property tax total amount

$4341

Property Location & Description

Listing Headline

For sale 4-Plex income-property investment in a hot Los Angeles, location.For more information please contact the listing agent, arminsoleimani@gmail.com 310.666.2246 & 818.524.0706

Rent control

Non Rent Control

Property Description

Income-property investment. The said property consists of a 2,400 SF, 4-Unit residential dwelling that sits on a 4,478 SF, R-2, TOC (Tier 2) lot. All 4 units are individually metered for gas and power. ( * * 1 Unit VACANT * * ). There is a detached garage with 4X 1-car garages.

Location Description

The said property is in the heart of the thriving Slauson-Vermont neighborhood in the HOT 90037 zip code. Just South of Exposition Park, USC and the Coliseum). This neighborhood in the center of many existing and proposed Metro transit projects. There are planned regional connectors along both, Slauson and Vermont Blvd. 58th St is perched just North of the Harbor Subdivision Transit Corridor. This area is master-planned for Stations that will connect to Downtown Los Angeles, Long Beach, San Pedro, and LAX. Just West of the freeway and minutes to Downtown Los Angeles.

No. of Units

Price per Unit

$143750

Units Mix

No.

Description

No. Units

Sq. Ft.

Avg. Mo. Rent

1+1

$500

APN / Parcel ID

500-1018-022

Zoning

LAR2

Occupancy %

75%

Construction Type

Wood & Stucco

No. Stories

Year Built

1922

Overall Property Condition

Good

Highlights

Upside in development. LAR2, Lot TOC, Tier 2

Detached 4 car garage.

Individually metered for gas and power.

Property Information

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Garage - Attached

Off-street

On-street

Assigned Parking

# of Covered Parkings

Investment Overview

Type of use

Investor

Energy Efficiency

Energy Star Certified

How old is you cooling and heating system?

No Data

Efficiency rating

N/A

R-value

N/A

Windows single-pane?

Natural daylight

Appliances energy efficient

Roof

Neighborhood lifestyle

More information

MLS URL of this listing to link to your own site or brokerage site

https://globalplatinumla.com/listings

Listing Info

Listing ID: 2325

Sold

For Sale

$575,000

Listing Presented by

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623 West 58th Street . South Los Angeles , CA 90037