127 Rivera Street

    Los Angeles (City), CA 90063
    • $1,650,000
    • STATUS: Active
    • ON SITE: 267 days
    • ID#: PW17222274
    UPDATED: 57 min ago
    $1,650,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,048
      SQFT
    • $273
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Built in 1963, the subject property boasts an excellent unit mix, containing all two bedroom and one bath units.. The wood-frame stucco building was constructed in 1963 and consists of 6,048 SF of living area situated on a 7,500 SF lot. Some of the building amenities include an onsite laundry facility (there are hookups, but no washer & dryer onsite), wall A/C and (8) onsite parking spaces. This property is individually metered for electricity and gas. A majority of the units have granite countertops and new or recently refurbished kitchen cabinets; flooring is some combination of either laminate, tile, linoleum and carpet. The subject property is located on Rivera Street and is approximately 1/2 mile east of Soto Station, a light rail subway station in the Los Angeles County Metro Rail system. The station is served by the Gold Line. The Gold Line is a 31-mile light rail line running from Azusa to East Los Angeles via Downtown Los Angeles serving several attractions, including Little Tokyo, Union Station, the Southwest Museum, Chinatown and the shops of Old Town Pasadena.Seller is willing to offer seller financing for 5 years or 7 years, with a 20-25% down payment.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-21T18:30:27.813. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/77074125

    127 Rivera Street Los Angeles (City), CA 90063

    • Price: $1,650,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: PW17222274
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,048
    SQFT
    $273
    $/SQFT
    1963
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Built in 1963, the subject property boasts an excellent unit mix, containing all two bedroom and one bath units.. The wood-frame stucco building was constructed in 1963 and consists of 6,048 SF of living area situated on a 7,500 SF lot. Some of the building amenities include an onsite laundry facility (there are hookups, but no washer & dryer onsite), wall A/C and (8) onsite parking spaces. This property is individually metered for electricity and gas. A majority of the units have granite countertops and new or recently refurbished kitchen cabinets; flooring is some combination of either laminate, tile, linoleum and carpet. The subject property is located on Rivera Street and is approximately 1/2 mile east of Soto Station, a light rail subway station in the Los Angeles County Metro Rail system. The station is served by the Gold Line. The Gold Line is a 31-mile light rail line running from Azusa to East Los Angeles via Downtown Los Angeles serving several attractions, including Little Tokyo, Union Station, the Southwest Museum, Chinatown and the shops of Old Town Pasadena.Seller is willing to offer seller financing for 5 years or 7 years, with a 20-25% down payment.
    Exterior Features

    Garage Spaces 0.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.55 Community Features Sidewalks Country Us Electric Expense 1056.00 Elevation Units Feet Fuel Expense 1239.00 Gross Income 116076.00 Gross Multiplier 14.21 Gross Operating Income 112594.00 Gross Scheduled Income 116076.00 Insurance Expense 2050.00 Land Lease YN No Laundry YN Yes Maintenance Expense 4504.00 Net Operating Income 75154.00 New Taxes Expense 20558.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 37439.80 Operating Expense Percent 32.30 Other Expense 500.00 Other Expense Description Admin Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 37439.75 Trash Expense 2715.00 Vacancy Allowance 3482 Vacancy Allowance Rate 3.00 Water Sewer Expense 4818.00 Water Source Public Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Paul Espinosa of Morgan Skenderian.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-21T18:30:27.813. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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