4801 S Normandie Avenue

    Los Angeles (City), CA 90037
    • $1,149,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: DW18165981
    UPDATED: 47 min ago
    $1,149,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,640
      SQFT
    • $204
      $/SQFT
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    GREAT CAP RATE IN THIS INVESTMENT PROPERTY!! 7%. This mix use property is well located in a rapid gentrifying of LA. The property consist of Three Residentail; Two units are (3 ) Bedrooms One unit is (2) Bedrooms. Two Commercials, with parking on the back of the building with alley access. Property was totally remodeled approximately 3 years ago, new roof, new electrical, granite counter tops, etc. Separate gas and electrical meters. Tenants pays for trash. Laundry on site with coin-op machines. Low or zero maintenance. Fully earthquake retrofitted. Buyer to verify accuracy of information. See agent remarks.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T15:31:29.373. 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/85477043

    4801 S Normandie Avenue Los Angeles (City), CA 90037

    • Price: $1,149,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: DW18165981
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    5,640
    SQFT
    $204
    $/SQFT
    1915
    Built
    Neighborhood:
    C36 - Metropolitan Southwest
    County:
    Los Angeles
    Area:
    C36 - Metropolitan Southwest
    Property Description
    GREAT CAP RATE IN THIS INVESTMENT PROPERTY!! 7%. This mix use property is well located in a rapid gentrifying of LA. The property consist of Three Residentail; Two units are (3 ) Bedrooms One unit is (2) Bedrooms. Two Commercials, with parking on the back of the building with alley access. Property was totally remodeled approximately 3 years ago, new roof, new electrical, granite counter tops, etc. Separate gas and electrical meters. Tenants pays for trash. Laundry on site with coin-op machines. Low or zero maintenance. Fully earthquake retrofitted. Buyer to verify accuracy of information. See agent remarks.
    Exterior Features

    Garage Spaces 0.00 Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features AreaGas Dryer HookupWasher Included Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Street Lighting Country Us Electric Expense 240.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 90096.00 Gross Scheduled Income 90096.00 Insurance Expense 2292.00 Land Lease YN No Laundry YN Yes Net Operating Income 79824.00 New Taxes Expense 5160.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 10272.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays ElectricityGasSewerTrash Collection Total Actual Rent 7508.00 Total Expenses 10272.00 Trash Expense 1080.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Lac2

    Listing provided courtesy of Lourdes Galvez of Lourdes Galvez Broker.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T15:31:29.373. 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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