4124 Monroe Street

    Los Angeles (City), CA 90029
    • $1,850,000
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: 18329538
    UPDATED: 43 min ago
    $1,850,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,605
      SQFT
    • $402
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    BACK ON THE MARKET- buyer did not perform. The perfect investment in one of the hottest areas in LA! With a monthly income of $10,473, this is a solid income property that is easy to maintain; wonderful tenants, great management company, no headaches! Most of the units have been remodeled with in-unit laundry and building is in great condition (copper plumbing, newer roof, etc.). This one story, 7-unit apartment building is located on one of the most 'up and coming' sections Sliver Lake. With all the development happening downtown, the preparations for the Olympics and the new football stadium being built, this section of Los Angeles has the potential for substantial growth. ALL OFFER TO BE REVIEWED 4/15/18

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T13:32:38.807. 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/82342333

    4124 Monroe Street Los Angeles (City), CA 90029

    • Price: $1,850,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: 18329538
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    4,605
    SQFT
    $402
    $/SQFT
    1948
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    BACK ON THE MARKET- buyer did not perform. The perfect investment in one of the hottest areas in LA! With a monthly income of $10,473, this is a solid income property that is easy to maintain; wonderful tenants, great management company, no headaches! Most of the units have been remodeled with in-unit laundry and building is in great condition (copper plumbing, newer roof, etc.). This one story, 7-unit apartment building is located on one of the most 'up and coming' sections Sliver Lake. With all the development happening downtown, the preparations for the Olympics and the new football stadium being built, this section of Los Angeles has the potential for substantial growth. ALL OFFER TO BE REVIEWED 4/15/18
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 4.40 Electric Expense 7278.00 Gross Multiplier 0.00 Gross Operating Income 125669.00 Improvements Amount 372799 Insurance Expense 3923.00 Land Value 931999 Laundry YN Yes Maintenance Expense 2500.00 Net Operating Income 88255.00 Special Listing Conditions Standard Total Expenses 37435.00 Zoning Lard1.5

    Listing provided courtesy of Yawar Charlie of Pacific Union International and Karen D Sanchez of Pacific Union International.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T13:32:38.807. 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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