2033 N Vermont Avenue

    Los Angeles (City), CA 90027
    • $2,734,000
    • STATUS: Closed
    • ON SITE: 141 days
    • ID#: 18359580
    Sold - 09/12/2018
    $2,734,000
    SOLD - 09/12/2018
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,680
      SQFT
    • $481
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    On an irreplaceable block in prime Los Feliz sits this trophy nine unit building with two studio apartments, one bachelor apartment and six gorgeous one bedrooms. The owner's efforts to restore the units have made the interiors an aesthetic surprise you don't see often. Three of the units can be delivered vacant at close of escrow which provides an immediate upside in the building's income. The building is immediately adjacent to all the shops and restaurants on Vermont and Hillhurst. This is a building for your most discerning investor.

    Sold by Vahan Saroians of Coldwell Banker Residential Br.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T08:28:48.333. 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. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85192722

    2033 N Vermont Avenue Los Angeles (City), CA 90027

    • Price: $2,950,000
    • Status: Closed
    • Updated: 38 min ago
    • ID#: 18359580
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    5,680
    SQFT
    $481
    $/SQFT
    1940
    Built
    Neighborhood:
    637 - Los Feliz
    County:
    Los Angeles
    Area:
    637 - Los Feliz
    Property Description
    On an irreplaceable block in prime Los Feliz sits this trophy nine unit building with two studio apartments, one bachelor apartment and six gorgeous one bedrooms. The owner's efforts to restore the units have made the interiors an aesthetic surprise you don't see often. Three of the units can be delivered vacant at close of escrow which provides an immediate upside in the building's income. The building is immediately adjacent to all the shops and restaurants on Vermont and Hillhurst. This is a building for your most discerning investor.
    Exterior Features

    Lot Size Units Square Feet Parking Features AssignedDrivewayShared DrivewayGarageStreet Parking YN Yes

    Interior Features

    Appliances RefrigeratorDishwasher Appliances YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 3.75 Gross Multiplier 18.70 Gross Operating Income 157776.00 Improvements Amount 679060 Land Value 1018594 Laundry YN Yes Net Operating Income 110591.00 Special Listing Conditions Standard Total Expenses 47185.00 Utilities Cable Available Zoning Lar3

    Listing provided courtesy of Vahan Saroians of Coldwell Banker Residential Br.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T08:28:48.333. 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. Licensed in the State of California, USA.
     
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