246 E 80TH Street

    Los Angeles (City), CA 90003
    • $627,000
    • STATUS: Closed
    • ON SITE: 331 days
    • ID#: 17271722
    Sold - 07/31/2018
    $627,000
    SOLD - 07/31/2018
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,690
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2005
    County:

    School Ratings & Info

    Description

    Great opportunity for a small investor or an owner occupant. Built in 2005, this duplex has a unique unit mix of two larger four bedroom apartments with two bathrooms each. Units are vacant and new owner can set them at whatever the market will bear. Because the units are relatively new, the expenses are low with separate meters for gas and electricity and separate hot water heaters. There is NO rent control. Units just passed Code Enforcement Inspection. Also, both units contain coin operated laundry machines which are not in use but can provide additional income of approximately $100 per month. Recently, there has been over $32,000 in Capital Improvements at the property including one renovated unit, drought resistant landscaping, two water heaters a gate and the entire building was freshly painted. Offers to be made subject to inspection..

    Sold by Alex Sanchez of Intero Real Estate Services.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-18T09:28:01.913. 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/76921052

    246 E 80TH Street Los Angeles (City), CA 90003

    • Price: $625,000
    • Status: Closed
    • Updated: 76 min ago
    • ID#: 17271722
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,690
    SQFT
    $233
    $/SQFT
    2005
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    Great opportunity for a small investor or an owner occupant. Built in 2005, this duplex has a unique unit mix of two larger four bedroom apartments with two bathrooms each. Units are vacant and new owner can set them at whatever the market will bear. Because the units are relatively new, the expenses are low with separate meters for gas and electricity and separate hot water heaters. There is NO rent control. Units just passed Code Enforcement Inspection. Also, both units contain coin operated laundry machines which are not in use but can provide additional income of approximately $100 per month. Recently, there has been over $32,000 in Capital Improvements at the property including one renovated unit, drought resistant landscaping, two water heaters a gate and the entire building was freshly painted. Offers to be made subject to inspection..
    Exterior Features

    Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Cap Rate 6.63 Gross Multiplier 10.42 Gross Operating Income 58200.00 Improvements Amount 251284 Land Value 167522 Net Operating Income 41449.00 Special Listing Conditions Standard Total Expenses 16751.00 Zoning Lar2

    Listing provided courtesy of Jerome Mcalpin of Mcalpin & Company.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-18T09:28:01.913. 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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