300 E 55TH Street

    Los Angeles (City), CA 90011
    • $920,000
    • STATUS: Closed
    • ON SITE: 140 days
    • ID#: 18359326
    Sold - 10/07/2018
    $920,000
    SOLD - 10/07/2018
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,222
      SQFT
    • $218
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    We are pleased to offer this seven (7) unit multifamily investment offering, located in the City of Los Angeles. The subject property has two (2) separate structures located on a corner parcel that contains 4,222 square feet of building area on a 5,850 square foot lot. The unit mix consists of six (6) 1+1 and one (1) 2+1 units. Recent upgrades to the property include newer individual water heaters in each unit. Building amenities include secured entry and on-site parking with three (3) single car garages and four (4) uncovered spaces, and the property is separately metered for gas & electricity.

    Sold by Ian Hollinger of Brc Advisors Inc..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T16:34:41.92. 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/85077332

    300 E 55TH Street Los Angeles (City), CA 90011

    • Price: $995,000
    • Status: Closed
    • Updated: 65 min ago
    • ID#: 18359326
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,222
    SQFT
    $218
    $/SQFT
    1950
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    We are pleased to offer this seven (7) unit multifamily investment offering, located in the City of Los Angeles. The subject property has two (2) separate structures located on a corner parcel that contains 4,222 square feet of building area on a 5,850 square foot lot. The unit mix consists of six (6) 1+1 and one (1) 2+1 units. Recent upgrades to the property include newer individual water heaters in each unit. Building amenities include secured entry and on-site parking with three (3) single car garages and four (4) uncovered spaces, and the property is separately metered for gas & electricity.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Covered ParkingDriveway - ConcreteGarage - Three Door Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 5.30 Gross Multiplier 12.65 Gross Operating Income 77055.00 Laundry YN No Net Operating Income 52700.00 Special Listing Conditions Standard Total Expenses 24355.00 Zoning Lar2

    Listing provided courtesy of Ian Hollinger of Brc Advisors Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T16:34:41.92. 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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    Playa Vista CA, 90094