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    628 N Occidental Boulevard

    Los Angeles (City), CA 90026
    • $1,088,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: SR21059584
    UPDATED: 55 min ago
    $1,088,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,072
      SQFT
    • $525
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Prime Silverlake location! This exceptional 3-Unit building is conveniently located in the highly desired community of Silverlake, close to freeways, parks, shopping, downtown, and more. This rare investment opportunity is new on the market. The property has excellent upside potential, with current rents well under market. Other features include 3 parking spaces.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-09T21:31:41.897. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/115595684
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    628 N Occidental Boulevard Los Angeles (City), CA 90026

    • Price: $1,088,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: SR21059584
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,072
    SQFT
    $525
    $/SQFT
    1923
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Prime Silverlake location! This exceptional 3-Unit building is conveniently located in the highly desired community of Silverlake, close to freeways, parks, shopping, downtown, and more. This rare investment opportunity is new on the market. The property has excellent upside potential, with current rents well under market. Other features include 3 parking spaces.
    Exterior Features

    Architectural Style Cottage Construction Materials DrywallFrameGlassConcrete Direction Faces West Fencing Chain LinkStucco Wall Foundation Details Pillar/Post/PierTie Down Lot Features 2-5 Units/AcreFront YardGardenLawnLandscapedNear Public TransitRectangular LotSloped Up Number Of Separate Electric Meters 3 Open Parking Spaces 2 Parking Features Assigned Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type MaintainedPaved Roof Shingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Common Walls No Common Walls Cooling None Cooling YN No Door Features Insulated Doors Fireplace Features None Fireplace YN No Flooring CarpetWood Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.33 Common Interest None Community Features Curbs Disclosures Rent Control Electric Electricity - On PropertyStandard Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 78000 Gross Scheduled Income 78000 Insurance Expense 1733 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupOutside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional1031 Exchange Maintenance Expense 4000 Net Operating Income 58005 New Construction YN No New Taxes Expense 13056 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 19995 Property Condition Repairs Cosmetic Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Total Actual Rent 26564 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedPhone ConnectedSewer ConnectedWater ConnectedOverhead Utilities Vacancy Allowance Rate 0 Water Sewer Expense 0 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Brad Wiseman of Pinnacle Estate Properties, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-09T21:31:41.897. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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