Fixer Upper For Sale | Home | Duplex/Triplex/Fourplex
1040 Beacon Avenue . Westlake , CA 90015
Global Platinum Properties is proud to present this once-in-a-lifetime opportunity in Westlake, just blocks from DTLA. CAP RATE (CURRENT) 9.2 The said offering consists of 4 Fixer-Units (75% Vacant) and preliminary plans to add 3 ADUs. For more information contact the listing agent , arminsoleimani@gmail.com 310 666-2246
6236 sq. ft.
Posted: 04/25/2022 9:18 am
| On HOMEiZ: 738 days |
Updated: 8 months ago
| Views: 1355
| Saved to favorites: 2
Location Map
Property Type
Off market
Property Price
$1495000
$
N/A
6236
8,002
Sq. Ft.
$240
4 (Fourplrx)
2
2
3
2
3
2
3
2
1912
1.25%
$18688
$
No HOA dues
Contact Listing agent %
Financing
This property can be financed
Yes
No
No
No
Don't Know
Yes
Property Location & Description
Global Platinum Properties is proud to present this once-in-a-lifetime opportunity in Westlake, just blocks from DTLA. CAP RATE (CURRENT) 9.2 The said offering consists of 4 Fixer-Units (75% Vacant) and preliminary plans to add 3 ADUs. For more information contact the listing agent , arminsoleimani@gmail.com 310 666-2246
Global Platinum Properties is proud to present this once-in-a-lifetime opportunity in Westlake, just blocks from DTLA. The said offering consists of 4 Fixer-Units (75% Vacant) and preliminary plans to add 3 ADUs. The said improvements sit on a large 8,001 SF, R-3 Lot with alley access., This is a great value, priced at only 299k/door for mostly vacant with a huge upside to 9.2 % Cap Rate and 9.2 GRM after renovations with 10% Cap Rate and 8.5 GRM on the pro-forma. Individually metered for Gas & Electricity (Electrical updated in 2005).
. Excellent location minutes from Koreatown, DTLA,Crypto.com Arena, and LA Live.
Property Condition
Roof
Yes
$
Don't Know
Electricity
Yes
$
Don't Know
Plumbing
Yes
$
Don't Know
Foundation
Yes
$
Don't Know
Kitchen
Yes
$
Don't Know
Don't Know
Bathrooms
Yes
$
Don't Know
Don't Know
Pool
No
$
Don't Know
Air condition
Yes
$
Don't Know
Don't Know
Floor
Yes
$
Don't Know
Don't Know
Walls
Yes
$
Paint
Yes
$
Don't Know
Property Information
None
Building and Construction
None
Stucco
Wood products
2
No Data
Room Features
18
Utilities
Central
Forced air
None
Sewer
Sewer System (Public)
Parking
Off-street
On-street
Assigned Parking
No Data
0
Energy Efficiency
No
No Data
N/A
N/A
No
No
No
No
Neighborhood lifestyle
Urban Core
More information
22-149251
Open house
Listing Presented by
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