1900 W 22ND Street

    Los Angeles (City), CA 90018
    • $1,595,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: 18331806
    UPDATED: 56 min ago
    $1,595,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,430
      SQFT
    • $294
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Proud to present this well-maintained value add multifamily property built in 1964 with lots of upside in the rental income. The property is centrally located in a very desirable area of Los Angeles, Near USC, Down Town LA, Hollywood and Mid City. This property is comprised of a total of eight spacious units, seven (7) One Bedroom, one Bathroom, and one (1) Two Bedroom one Bathroom units, making it a 5,430 Sqft building on a 6,718 sqft lot with 8 parking spaces. Each unit has its own separate gas and electric meter and individual water heaters. This property has been very well maintained, passed its most recent SCEP inspection, has a new roof, copper plumbing, good foundation, a few units have also been remodeled and still have lots of upside in their rents. This property is a true value add deal and the perfect property for an investor looking for an income generating property and a great 1031 exchange candidate. The property is Located just off the 10 Freeway, South of Washington Bl

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T16:31:37.143. 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/82459393

    1900 W 22ND Street Los Angeles (City), CA 90018

    • Price: $1,595,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 18331806
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,430
    SQFT
    $294
    $/SQFT
    1964
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Proud to present this well-maintained value add multifamily property built in 1964 with lots of upside in the rental income. The property is centrally located in a very desirable area of Los Angeles, Near USC, Down Town LA, Hollywood and Mid City. This property is comprised of a total of eight spacious units, seven (7) One Bedroom, one Bathroom, and one (1) Two Bedroom one Bathroom units, making it a 5,430 Sqft building on a 6,718 sqft lot with 8 parking spaces. Each unit has its own separate gas and electric meter and individual water heaters. This property has been very well maintained, passed its most recent SCEP inspection, has a new roof, copper plumbing, good foundation, a few units have also been remodeled and still have lots of upside in their rents. This property is a true value add deal and the perfect property for an investor looking for an income generating property and a great 1031 exchange candidate. The property is Located just off the 10 Freeway, South of Washington Bl
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Appliances None Appliances YN No Laundry Features None

    Property Features

    Cap Rate 4.08 Gross Multiplier 14.92 Gross Operating Income 108132.00 Improvements Amount 330283 Land Value 480413 Laundry YN No Net Operating Income 65739.00 Special Listing Conditions Standard Total Expenses 39185.00 Zoning Lar3

    Listing provided courtesy of Yohann Bensimon of Keller Williams Hollywood Hill.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T16:31:37.143. 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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