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Listing Details

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School Ratings & Info

Description

Great income-producing investment! All units are all tenant-occupied right now. Due to COVID-19, the tenants move out process will be delayed. In normal circumstances, this property can generate over $5,500 a month in income. Located in the heart of Los Angeles, the property is a multi-family home with 4 units. This 2894 square foot property sits on a 4,378 square foot lot and features 4 bedrooms and 6 bathrooms. Two units are 2 bed 2 bath and 2 are 1 bed 1 bath There is a large parking space at the back of the house and it can comfortably fit at least 6 cars. Conveniently located 1 mile from the LA memorial coliseum, 2 miles from USC University, LA Convention Center and Trader Joe's, and close to the 110 & 10 freeways. Accelerated Charter Elementary School (TAS) is walking distance from the property. Also, the surrounding area is starting to see a lot of improvements around the west side of the neighborhood. There is great potential! Don't Miss Out!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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/118127819
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1599 45th Street E County - Los Angeles, CA 90011

  • Price: $950,000
  • Status: Active
  • Updated: 192 min ago
  • ID#: SW21112855
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1912
Built
Neighborhood:
CO - Los Angeles (County)
County:
Los Angeles
Area:
CO - Los Angeles (County)
Property Description
Great income-producing investment! All units are all tenant-occupied right now. Due to COVID-19, the tenants move out process will be delayed. In normal circumstances, this property can generate over $5,500 a month in income. Located in the heart of Los Angeles, the property is a multi-family home with 4 units. This 2894 square foot property sits on a 4,378 square foot lot and features 4 bedrooms and 6 bathrooms. Two units are 2 bed 2 bath and 2 are 1 bed 1 bath There is a large parking space at the back of the house and it can comfortably fit at least 6 cars. Conveniently located 1 mile from the LA memorial coliseum, 2 miles from USC University, LA Convention Center and Trader Joe's, and close to the 110 & 10 freeways. Accelerated Charter Elementary School (TAS) is walking distance from the property. Also, the surrounding area is starting to see a lot of improvements around the west side of the neighborhood. There is great potential! Don't Miss Out!
Exterior Features

Lot Features 2-5 Units/AcreNo Landscaping Number Of Separate Electric Meters 4 Open Parking Spaces 6 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features BathDining RoomFamily RoomKitchenLiving RoomMaster BedroomOutside Fireplace YN Yes Heating Central Heating YN Yes Interior Features Balcony

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Current Financing Other Exclusions Personal items Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalSubmit Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 0 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Water Source Public

Listing provided courtesy of Justin Crumlish of Exp Realty Of California, Inc. and Mark Pattison of Exp Realty Of California Inc


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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