Multi-family building, 3 beds 3 baths, 5,585 sf, 5,804 sf lot
Unit #1: 1 bed, 1 bath, $715/mo
Unit #2: 2 beds, 1 bath, $1070/mo
Unit #3: Studio, 1 bath, $587/mo
REDUCED! Well maintained 12 unit apartment building located just south of downtown Los Angeles and consisting of twostructures. Constructed of wood frame and stucco, the front building was built in 1928 and consists of 8 studios. The rear building was builtin the 1950's or '60's (Buyer to verify), and consists of one studio, one 1 bedroom 1 bath unit, and two 2 bedroom 1 bath units. The front building is separately metered for gas and electricity. The rear building has one gas meter and is separately metered for electricity. The property's plumbing has been 80-90% replaced with copper except for the main sewer line. Much of the electrical system has been upgraded as well. There is a one car garage on the lot. Rents are significantly lower than market. Situated in a location that consists of almost entirely single family residences but close to employment centers surrounding USC and downtown, this investment could be ideal for investors seeking rental upside with a stabilized asset.
- Built 1928
- Units: 12
- Disclosures: no property assesmts
- Rent control
Listed by Darin Spillman, Hudson Commercial Partners, Inc.CLAW #14812519APN: #5110007010
School rankings provided by Niche.Updated 4/12/17.School information is to be used as reference only. To verify enrollment eligibility for a specific property, contact the school or the local school board.
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
Tools designed to give you and edge in any market
House hunt 24/7 with the fastest new listings and on-demand insider info.