16509 Prairie Avenue

    Lawndale, CA 90260
    • $1,300,000
    • STATUS: Pending
    • ON SITE: 105 days
    • ID#: CV18136983
    Pending
    UPDATED: 22 min ago
    $1,300,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,640
      SQFT
    • $492
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    8 Unit building in strong non rent control market. The property consists of 2 - 4 plexes . Two addresses 16505 and 16509 Praire .The buildings feature a center courtyard, new roofs, separate gas and electric meters and stable tenants. Building is 100% occupied. There is upside in current rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-22T10:30:36.423. 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/84450895

    16509 Prairie Avenue Lawndale, CA 90260

    • Price: $1,300,000
    • Status: Pending
    • Updated: 22 min ago
    • ID#: CV18136983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,640
    SQFT
    $492
    $/SQFT
    1956
    Built
    Neighborhood:
    112 - North Lawndale
    County:
    Los Angeles
    Area:
    112 - North Lawndale
    Property Description
    8 Unit building in strong non rent control market. The property consists of 2 - 4 plexes . Two addresses 16505 and 16509 Praire .The buildings feature a center courtyard, new roofs, separate gas and electric meters and stable tenants. Building is 100% occupied. There is upside in current rents.
    Exterior Features

    Carport Spaces 0.00 Garage Spaces 0.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features On Site Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

    Interior Features

    Average Studio Area 2640 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 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating Wall Heater Heating YN Yes Interior Features Open Floor Plan Laundry Features None Levels One Room Type Entry

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lighting Country Us Electric Electricity - On Property Electric Expense 10.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1500.00 Gross Equity 1600000 Gross Income 76200.00 Gross Operating Income 76200.00 Gross Scheduled Income 76200.00 Insurance Expense 1600.00 Land Lease YN No Laundry YN No Licenses Expense 450.00 Maintenance Expense 6000.00 Net Operating Income 42820.00 New Taxes Expense 18000.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 2 Operating Expense 33380.00 Present Loans 0 Professional Management Expense 3600.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 33380.00 Trash Expense 525.00 Water Sewer Expense 1695.00 Water Source Public Year Built Source Assessor Zoning Lnr4yy

    Listing provided courtesy of Michael Cirrito of Home Free Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-22T10:30:36.423. 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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