6208 S San Pedro

    Los Angeles (City), CA 90003
    • $880,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: AR18080379
    UPDATED: 72 min ago
    $880,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,456
      SQFT
    • $255
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Growth Investment Group is proud to offer 6208 S San Pedro Street, a 6 unit apartment built in 1960 located in the City of Los Angeles. This investment property offers a superb unit mix of (4) 2bed + 1bath and (2) 1bed + 1bath. The total size of the building is 3,456 square feet and the total lot size is 5,568 square feet. This apartment complex has easy access to the 110 FWY and minutes away from the University of Southern California and the California Science Center. The units are 100% occupied and is perfect for a value-add investor looking to acquire an investment property and increase its income potential. Each unit has its own separate electric and gas meters and has individual parking spaces in the rear. This investment property is also in close proximity to the LA Convention Center, Staples Center, and LA Live which is the sports and entertainment district that features sports, music venues, night clubs, restaurants, a bowling alley, museum and movie theaters. LA Live is the premier destination for live entertainment in Downtown Los Angeles. The close proximity to the University of Southern California, Fashion Institute of Design & Marketing, and Los Angeles Trade Technical College provides a great opportunity to rent out to college students.

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    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/82423989

    6208 S San Pedro Los Angeles (City), CA 90003

    • Price: $880,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: AR18080379
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,456
    SQFT
    $255
    $/SQFT
    1960
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Growth Investment Group is proud to offer 6208 S San Pedro Street, a 6 unit apartment built in 1960 located in the City of Los Angeles. This investment property offers a superb unit mix of (4) 2bed + 1bath and (2) 1bed + 1bath. The total size of the building is 3,456 square feet and the total lot size is 5,568 square feet. This apartment complex has easy access to the 110 FWY and minutes away from the University of Southern California and the California Science Center. The units are 100% occupied and is perfect for a value-add investor looking to acquire an investment property and increase its income potential. Each unit has its own separate electric and gas meters and has individual parking spaces in the rear. This investment property is also in close proximity to the LA Convention Center, Staples Center, and LA Live which is the sports and entertainment district that features sports, music venues, night clubs, restaurants, a bowling alley, museum and movie theaters. LA Live is the premier destination for live entertainment in Downtown Los Angeles. The close proximity to the University of Southern California, Fashion Institute of Design & Marketing, and Los Angeles Trade Technical College provides a great opportunity to rent out to college students.
    Exterior Features

    Garage Spaces 0.00 Lot Features No Landscaping Lot Size Source Seller Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    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 2+ Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.13 Community Features SidewalksUrban Country Us Electric Expense 750.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 72121.00 Gross Multiplier 12.48 Gross Scheduled Income 74352.00 Insurance Expense 1657.00 Land Lease YN No Laundry YN No Maintenance Expense 2500.00 Net Operating Income 46159.00 New Taxes Expense 11479.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 25962.00 Other Expense 400.00 Other Expense Description Licenses Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 25962.00 Trash Expense 3979.00 Water Sewer Expense 5197.00 Water Source Public Year Built Source Seller

    Listing provided courtesy of Donald La of Gig Real Estate 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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