825 Irolo Street

    Los Angeles (City), CA 90005
    • $1,490,000
    • STATUS: Active Under Contract
    • ON SITE: 150 days
    • ID#: 18323842
    Under Contract
    UPDATED: 62 min ago
    $1,490,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,776
      SQFT
    • $839
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Developer's Choice - Premium location in the heart of Korea town. Property zoned R4-2 (Not R4-1). Single family residence. Property sold "as is". 9 Suit Units (9 rooms - 9 Bath) are rented. Rental income is over $6,000 monthly. Could be vacated in 6 months while receiving rents until ready.COULD BE DEVELOPED 15 UNITS WITHOUT DENSITY BONUS OR LOW INCOME UNITS. IT IS ZONED R4-2, higher density than R4-1.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-14T16:31:31.263. 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/81621604

    825 Irolo Street Los Angeles (City), CA 90005

    • Price: $1,490,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • ID#: 18323842
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,776
    SQFT
    $839
    $/SQFT
    1920
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Developer's Choice - Premium location in the heart of Korea town. Property zoned R4-2 (Not R4-1). Single family residence. Property sold "as is". 9 Suit Units (9 rooms - 9 Bath) are rented. Rental income is over $6,000 monthly. Could be vacated in 6 months while receiving rents until ready.COULD BE DEVELOPED 15 UNITS WITHOUT DENSITY BONUS OR LOW INCOME UNITS. IT IS ZONED R4-2, higher density than R4-1.
    Exterior Features

    Lot Size Units Square Feet Parking Features Gated Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 9.00 Gross Operating Income 75000.00 Improvements Amount 129018 Land Value 516087 Laundry YN Yes Net Operating Income 70500.00 Special Listing Conditions Standard Total Expenses 4500.00 Zoning Lar4-2

    Listing provided courtesy of Myungzoo Kim Kwun of California Realty & Investment.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-14T16:31:31.263. 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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