3621 Folsom Street

    Los Angeles (City), CA 90063
    • $595,000
    • STATUS: Active
    • ON SITE: 54 days
    • ID#: 18339196
    $595,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,070
      SQFT
    • $287
      $/SQFT
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    PROBATE Sale, subject to Court Confirmation, and overbidding in Court. For Sale AFTER more than 33 years. Three non-rent control units on a large 8,262 sqft lot located in City Terrace in an unincorporated community in L.A. County. Property needs rehab. Property Delivered vacant at COE. Income and Expense numbers are PROJECTED. New roof in the year 2000. 3 separate gas meters. 2 electric meters (front house has one electric meter for both units). Zoning is LCR2. Sold "As Is" And "Where Is" Will be delivered vacant at COE. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-25T00:27:11.463. 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/83128265

    3621 Folsom Street Los Angeles (City), CA 90063

    • Price: $595,000
    • Status: Active
    • ID#: 18339196
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,070
    SQFT
    $287
    $/SQFT
    1924
    Built
    County:
    Los Angeles
    Property Description
    PROBATE Sale, subject to Court Confirmation, and overbidding in Court. For Sale AFTER more than 33 years. Three non-rent control units on a large 8,262 sqft lot located in City Terrace in an unincorporated community in L.A. County. Property needs rehab. Property Delivered vacant at COE. Income and Expense numbers are PROJECTED. New roof in the year 2000. 3 separate gas meters. 2 electric meters (front house has one electric meter for both units). Zoning is LCR2. Sold "As Is" And "Where Is" Will be delivered vacant at COE. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Street Parking YN Yes

    Property Features

    Cap Rate 5.11 Gross Multiplier 13.04 Gross Operating Income 43320.00 Improvements Amount 29119 Insurance Expense 1500.00 Land Value 21310 Maintenance Expense 2280.00 Net Operating Income 30445.00 Special Listing Conditions Probate Listing Total Expenses 12875.00 Water Sewer Expense 2400.00 Zoning Lcr2*

    Listing provided courtesy of Vineendra Jain of Ingenious Asset Group, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-25T00:27:11.463. 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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