For sale cash-producing (4) FOUR UNIT residential property in the heart of Los Angeles. CAP RATE (Pro Forma) 9.23 % GRM (Pro Forma) 8.71For more information and to submit an offer, contact the listing agent, arminsoleimani@gmail.com 310 666-2246

2803 sq. ft.

Posted: 02/16/2022 7:33 am | On HOMEiZ: 803 days | Updated: 1 year ago | Views: 1023 | Saved to favorites: 2

Location Map

Property Type

Property status

Off market

Property Price

Asking Price

$895000

Last Sold Price

$465000

Last Sold Date

05/16/2019

Total Finished Sq. Ft.

2803

Total Lot size

6,682 Sq. Ft.

Price per Sq. Ft.

$319

No. of Units

4 units (Fourplex)

Unit #1 Total sq. ft.

$1,350 Rent beds:: 1 baths:: 1

Unit #2 Total sq. ft.

$500 Rent beds:: 1 baths:: 1

Unit #3 Total sq. ft.

$500 Rent beds:: 1 baths:: 1

Unit #4 Total sq. ft.

$1,075 Rent beds:: 3 baths:: 2

Year built

1907

Overall Property Condition

Good

Annual Property Tax Rate for this property

1.25%

Property tax total amount

$11188

HOA dues - $ per month

$ No HOA dues

Commission Split %

2.5%

Financing

This property can be financed

Conventional Loan

Yes

FHA Loan

VA Loan

Mello-Roos

USDA / RHS Loans

Hard Money Loan

Yes

Property Location & Description

Listing Headline

For sale cash-producing (4) FOUR UNIT residential property in the heart of Los Angeles. CAP RATE (Pro Forma) 9.23 % GRM (Pro Forma) 8.71For more information and to submit an offer, contact the listing agent, arminsoleimani@gmail.com 310 666-2246

Property Description

Consists of 3 separate buildings totaling 2,802 square feet. The said improvements sit on a 6,682 square foot lot. The said lot is zoned RD-3, TOC (Tier 3) lot. There is alley access from the rear to the garages that can be converted into ADU's. All units are separately metered for gas and electricity.

Location Description

The property is within walking distance of schools and public transit. Minutes to exposition Park, Downtown Los Angeles and USC.

Property Information

Community Features

Sidewalks

Street Lighting

View

None

Building and Construction

Basement

None

Exterior

Stucco

Wood products

# of Stories

Additions to home Structural

No Data

Basement sq. ft.

Room Features

Utilities

Cooling System

Central

Heating System

Forced air

Heating Method

Gas

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

On-street

# of Covered Parkings

No Data

Garage sq. ft.

None

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

Lifestyle

Urban Core

More information

MLS Listing #

Not in MLS

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

Open house

Date

Listing Info

Listing ID: 3054

Off market

For Sale

$895,000

Listing Presented by

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965 West 47th Street . South Los Angeles , CA 90037