6508 Cerritos Place

    Los Angeles (City), CA 90068
    • $2,980,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 18354626
    UPDATED: 8 min ago
    $2,980,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,620
      SQFT
    • $450
      $/SQFT
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    Prime Hollywood Hills Location with a High Rental Demand * Great Unit Mix of All 2 Bedroom/1 Bathroom Units * All Units with New Windows, Flooring, Cabinets, Bathrooms, Recessed Lights * All Units with Central A/C & Heat * Individually Metered for Gas & Electric * Unique Layouts with Select Units having Private Patios * Great Corner Building North of Franklin with Tons of Character * On Site Laundry for Additional Income * Great Curb Appeal & Well Managed Property * Fully Renovated Turn-Key Investment . Great Rental Income opportunity in a High demand rental area of Hollywood! Great long-term investment.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T15:29:26.127. 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/84611999

    6508 Cerritos Place Los Angeles (City), CA 90068

    • Price: $2,980,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: 18354626
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    6,620
    SQFT
    $450
    $/SQFT
    1975
    Built
    Neighborhood:
    C03 - Sunset Strip - Hollywood Hills West
    County:
    Los Angeles
    Area:
    C03 - Sunset Strip - Hollywood Hills West
    Property Description
    Prime Hollywood Hills Location with a High Rental Demand * Great Unit Mix of All 2 Bedroom/1 Bathroom Units * All Units with New Windows, Flooring, Cabinets, Bathrooms, Recessed Lights * All Units with Central A/C & Heat * Individually Metered for Gas & Electric * Unique Layouts with Select Units having Private Patios * Great Corner Building North of Franklin with Tons of Character * On Site Laundry for Additional Income * Great Curb Appeal & Well Managed Property * Fully Renovated Turn-Key Investment . Great Rental Income opportunity in a High demand rental area of Hollywood! Great long-term investment.
    Exterior Features

    Architectural Style Spanish Entry Location Ground Level With StepsGround Level Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features StreetGarage Door OpenerControlled Entrance Parking YN Yes Pool Features None Pool Private YN No

    Interior Features

    Appliances Gas Water Heater Appliances YN Yes Cooling Central Cooling YN Yes Laundry Features See Remarks

    Property Features

    Association Amenities Other Association YN Yes Fuel Expense 240.00 Gross Multiplier 14.06 Gross Operating Income 211860.00 Improvements Amount 517777 Insurance Expense 3000.00 Land Value 1470488 Laundry Income 1800.00 Laundry YN Yes Net Operating Income 155860.00 Property Condition Updated/Remodeled Special Listing Conditions Standard Total Expenses 56000.00 Trash Expense 3000.00 Water Sewer Expense 6000.00 Zoning Lard1.5

    Listing provided courtesy of Sukyoung Lee of Redpoint Realty and Young Arthur Yoon of Redpoint Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T15:29:26.127. 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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