617 N Plymouth

    Los Angeles (City), CA 90004
    • $2,950,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 18357666
    UPDATED: 40 min ago
    $2,950,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,368
      SQFT
    • $675
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    I am pleased to present for sale 617 North Plymouth Boulevard, a four unit apartment community in Hancock Park, currently being operated as a furnished, short-term rental property. The property offers investors a unique opportunity to acquire a vintage building with fully furnished units and a healthy income stream in an affluent neighborhood. Due to its 1924 construction, the property is subject to Los Angeles Rent Control Statutes.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T20:31:10.213. 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/84906663

    617 N Plymouth Los Angeles (City), CA 90004

    • Price: $2,950,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: 18357666
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,368
    SQFT
    $675
    $/SQFT
    1924
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    I am pleased to present for sale 617 North Plymouth Boulevard, a four unit apartment community in Hancock Park, currently being operated as a furnished, short-term rental property. The property offers investors a unique opportunity to acquire a vintage building with fully furnished units and a healthy income stream in an affluent neighborhood. Due to its 1924 construction, the property is subject to Los Angeles Rent Control Statutes.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Appliances RefrigeratorDishwasher Appliances YN Yes Laundry Features Dryer IncludedWasher IncludedSee Remarks

    Property Features

    Cap Rate 5.18 Gross Multiplier 13.57 Gross Operating Income 217447.00 Improvements Amount 346319 Land Value 1581538 Laundry YN Yes Net Operating Income 152872.00 Special Listing Conditions Standard Total Expenses 64575.00 Zoning Lar3

    Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T20:31:10.213. 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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