1449 W 28TH Street

    Los Angeles (City), CA 90007
    • $1,700,000
    • STATUS: Active Under Contract
    • ON SITE: 33 days
    • ID#: 20561322
    Under Contract
    UPDATED: 51 min ago
    $1,700,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1903
    County:

    School Ratings & Info

    Description

    6.3 CAP RATE ON ACTUAL!!!! Beautifully renovated Craftsman within the USC Campus Patrol Zone. The house was renovated in 2012 to bring back the historic charm of this gentrifying neighborhood. The renovation included new interiors throughout, on-site laundry room, and other amenities. The house is ideal for student groups as it can sleep 7+. The property is 2,234 +/- SF on a 6,753 +/- SF lot zoned LAR2. The ADU was constructed in 2019, which added 1,200 +/- SF of living space and 4 bedrooms, each with their own split HVAC. There is a monthly parking income of $250. Leases are actual and have been extended through the 2021 school year.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T12:32:21.793. 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/103917564

    1449 W 28TH Street Los Angeles (City), CA 90007

    • Price: $1,700,000
    • Status: Active Under Contract
    • Updated: 51 min ago
    • ID#: 20561322
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1903
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    6.3 CAP RATE ON ACTUAL!!!! Beautifully renovated Craftsman within the USC Campus Patrol Zone. The house was renovated in 2012 to bring back the historic charm of this gentrifying neighborhood. The renovation included new interiors throughout, on-site laundry room, and other amenities. The house is ideal for student groups as it can sleep 7+. The property is 2,234 +/- SF on a 6,753 +/- SF lot zoned LAR2. The ADU was constructed in 2019, which added 1,200 +/- SF of living space and 4 bedrooms, each with their own split HVAC. There is a monthly parking income of $250. Leases are actual and have been extended through the 2021 school year.
    Exterior Features

    Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 148656.00 Gross Multiplier 11.40 Gross Operating Income 148656.00 Net Operating Income 106259.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0.00 Zoning Lar2

    Listing provided courtesy of Michael R. Fukushima of Keller Williams Downtown La and Stephen F. Watson of Keller Williams Downtown La


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T12:32:21.793. 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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