1325 W 87th Street

    Los Angeles (City), CA 90044
    • $899,000
    • STATUS: Pending
    • ON SITE: 11 days
    • ID#: 18360984
    Pending
    UPDATED: 45 min ago
    $899,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,275
      SQFT
    • $275
      $/SQFT
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    LOCATION! LOCATION! AND CASH FLOW!!! This fourplex is low maintenance with established tenants in place. The subject consist of 4 units attached. All 4 units will be delivered occupied (Great tenants!), not pro-forma. Each unit features 2 bedrooms and 1 bathroom. Units have washer and dryer hook ups. There is a s a single converted garage may not be permitted. 4 parking spaces plus 3 car garages, accessible from the alley. Centrally located to schools, public transit, 110 and the 105 freeway. Less than 3 miles from Hollywood Park. Minutes away from downtown Los Angeles, USC Village and much more. Definitely a great hold for any investor or developer. Do not disturb tenants. Buyer to verify all information herein.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T22:28:53.15. 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/85337152

    1325 W 87th Street Los Angeles (City), CA 90044

    • Price: $899,000
    • Status: Pending
    • Updated: 45 min ago
    • ID#: 18360984
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,275
    SQFT
    $275
    $/SQFT
    1965
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    LOCATION! LOCATION! AND CASH FLOW!!! This fourplex is low maintenance with established tenants in place. The subject consist of 4 units attached. All 4 units will be delivered occupied (Great tenants!), not pro-forma. Each unit features 2 bedrooms and 1 bathroom. Units have washer and dryer hook ups. There is a s a single converted garage may not be permitted. 4 parking spaces plus 3 car garages, accessible from the alley. Centrally located to schools, public transit, 110 and the 105 freeway. Less than 3 miles from Hollywood Park. Minutes away from downtown Los Angeles, USC Village and much more. Definitely a great hold for any investor or developer. Do not disturb tenants. Buyer to verify all information herein.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Attached Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling See Remarks Cooling YN Yes Laundry Features None

    Property Features

    Cap Rate 4.90 Gross Multiplier 14.30 Gross Operating Income 63000.00 Improvements Amount 87859 Insurance Expense 1300.00 Land Value 322540 Laundry YN No Net Operating Income 43812.00 Property Condition Building PermitAdditions/Alterations Special Listing Conditions Standard Total Expenses 19188.00 Trash Expense 1200.00 Water Sewer Expense 3600.00 Zoning Lcr32ou

    Listing provided courtesy of Patricia Malik of Coldwell Banker Gene Armstrong.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T22:28:53.15. 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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