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    12618 S Wilmington Avenue

    Los Angeles (City), CA 90059
    • $1,299,950
    • STATUS: Active
    • ON SITE: 78 days
    • ID#: DW21036872
    UPDATED: 49 min ago
    $1,299,950
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,432
      SQFT
    • $379
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT PROPERTY! This property is located near the 105 FWY and Wilmington Ave. It is located 20 minutes away from the Los Angeles Airport providing easy access to Metro Expo Line, the 105 freeway, 110 Freeway, and Downtown Los Angeles nightlife, entertainment, restaurants, and employment opportunities. Property has all paying tenants with rents near market value. This property is great for client looking to obtain CASH FLOW. 2 separate structures and parking for 1 car for each unit. Some units have had recent work done. Cap rate at 5% and room for growth. Please do not disturb the current tenants. LETS PUT THIS PROPERTY INTO ESCROW!!!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T13:37:00.76. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/114453787
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    12618 S Wilmington Avenue Los Angeles (City), CA 90059

    • Price: $1,299,950
    • Status: Active
    • Updated: 49 min ago
    • ID#: DW21036872
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    3,432
    SQFT
    $379
    $/SQFT
    1947
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    GREAT INVESTMENT PROPERTY! This property is located near the 105 FWY and Wilmington Ave. It is located 20 minutes away from the Los Angeles Airport providing easy access to Metro Expo Line, the 105 freeway, 110 Freeway, and Downtown Los Angeles nightlife, entertainment, restaurants, and employment opportunities. Property has all paying tenants with rents near market value. This property is great for client looking to obtain CASH FLOW. 2 separate structures and parking for 1 car for each unit. Some units have had recent work done. Cap rate at 5% and room for growth. Please do not disturb the current tenants. LETS PUT THIS PROPERTY INTO ESCROW!!!
    Exterior Features

    Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 6 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 90240 Insurance Expense 3800 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To Existing LoanCash To New LoanConventional1031 Exchange Net Operating Income 71122 New Construction YN No New Taxes Expense 16250 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 19118 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityTelephone Total Actual Rent 7520 Trash Expense 0 Water Sewer Expense 4500 Water Source Public Zoning Lcr3yy

    Listing provided courtesy of Ruben Sarinana of Century 21 A Better Service


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T13:37:00.76. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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