2262 S Carmelina Avenue

    Los Angeles (City), CA 90064
    • $2,475,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: 18339812
    UPDATED: 158 min ago
    $2,475,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,115
      SQFT
    • $601
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Located in one of the most desirable areas of West Los Angeles and within minutes to Santa Monica, Brentwood, Pacific Ocean, 10 and 405 freeways, Metro Link, employment centers, colleges and universities, and much more. This 7 unit apartment building consists of one two-story 4,115 square foot building situated on a 6,250 square foot lot. It is comprised of 5 one bedroom plus one bathroom units and 2 one bedroom plus den plus one bathroom units. Some of the current rents are below market and would benefit from a more aggressive management style in order to achieve higher cash-on-cash returns. The gas and electric are individually metered and the plumbing is mostly copper. For unit number 7 the owner pay for the electric. On-site laundry is currently owned by the owner and provides new ownership with additional income. Some of the apartment interiors feature vaulted ceilings and exposed wood beams in upstairs units, many windows, wood floors, upgraded kitchens and bathrooms.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T00:29:22.327. 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/83249851

    2262 S Carmelina Avenue Los Angeles (City), CA 90064

    • Price: $2,475,000
    • Status: Active
    • Updated: 158 min ago
    • ID#: 18339812
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,115
    SQFT
    $601
    $/SQFT
    1955
    Built
    Neighborhood:
    WLA - West Los Angeles
    County:
    Los Angeles
    Area:
    WLA - West Los Angeles
    Property Description
    Located in one of the most desirable areas of West Los Angeles and within minutes to Santa Monica, Brentwood, Pacific Ocean, 10 and 405 freeways, Metro Link, employment centers, colleges and universities, and much more. This 7 unit apartment building consists of one two-story 4,115 square foot building situated on a 6,250 square foot lot. It is comprised of 5 one bedroom plus one bathroom units and 2 one bedroom plus den plus one bathroom units. Some of the current rents are below market and would benefit from a more aggressive management style in order to achieve higher cash-on-cash returns. The gas and electric are individually metered and the plumbing is mostly copper. For unit number 7 the owner pay for the electric. On-site laundry is currently owned by the owner and provides new ownership with additional income. Some of the apartment interiors feature vaulted ceilings and exposed wood beams in upstairs units, many windows, wood floors, upgraded kitchens and bathrooms.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Laundry Features Washer IncludedDryer Included

    Property Features

    Garage Income 0.00 Gross Multiplier 17.37 Gross Operating Income 138213.00 Gross Scheduled Income 142488.00 Improvements Amount 274943 Insurance Expense 2946.00 Land Value 185504 Laundry Income 1200.00 Laundry YN Yes Licenses Expense 664.00 Maintenance Expense 22230.00 Net Operating Income 73502.00 Other Expense 9851.00 Special Listing Conditions Standard Supplies Expense 14893.00 Total Expenses 64711.00 Trash Expense 2436.00 Water Sewer Expense 3623.00 Zoning Lard1.5

    Listing provided courtesy of David Bayat of Coldwell Banker Residential Br.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T00:29:22.327. 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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