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11727 Ohio Avenue

Los Angeles (City), CA 90025
  • $2,995,000
  • STATUS: Active
  • ON SITE: 89 Days
  • ID#: SR24117207
UPDATED: 52 min ago
$2,995,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Orlando Cruz of Brightstone Estate Properties (818-430-4210)


Description

9 unit residential income property located in the heart of the Sawtelle neighborhood of West Los Angeles. Fully occupied with good upside potential. Gated building with 12 parking spaces, including 4 tandem spaces. Many units have been remodeled with hardwood floors and newer appliances. Easy access to the 405/10 freeways and ideal for UCLA/SMC students. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Please contact for Offering Memorandum and questions. Please do not enter property or disturb occupants. Buyer to cooperate with Seller's 1031 exchange. Existing $1.4M loan at 3% APR is assumable subject to fees and lender qualifications.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T11:27:23.557. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/151759398
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11727 Ohio Avenue Los Angeles (City), CA 90025

  • Price: $2,995,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 52 min ago
  • ID#: SR24117207
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1961
Built
Neighborhood:
WLA - West Los Angeles
County:
Los Angeles
Area:
WLA - West Los Angeles
Property Description
9 unit residential income property located in the heart of the Sawtelle neighborhood of West Los Angeles. Fully occupied with good upside potential. Gated building with 12 parking spaces, including 4 tandem spaces. Many units have been remodeled with hardwood floors and newer appliances. Easy access to the 405/10 freeways and ideal for UCLA/SMC students. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Please contact for Offering Memorandum and questions. Please do not enter property or disturb occupants. Buyer to cooperate with Seller's 1031 exchange. Existing $1.4M loan at 3% APR is assumable subject to fees and lender qualifications.
Exterior Features

Carport Spaces 4 Carport YN Yes Construction Materials Stucco Entry Level 1 Fencing Wrought Iron Lot Features 0-1 Unit/Acre Open Parking Spaces 2 Parking Total 6 Roof Flat

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 5.1 Common Interest None Community Features Gated Electric Standard Gross Scheduled Income 263340 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 166490 Operating Expense 96850 Property Sub Type Multi Family Security Features PrewiredCarbon Monoxide Detector(s)Gated CommunitySmoke Detector(s) Special Listing Conditions Standard Tax Year 2023 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T11:27:23.557. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Orlando Cruz of Brightstone Estate Properties (818-430-4210)