826 Lake Street

    Los Angeles (City), CA 90057
    • $1,250,000
    • STATUS: Active Under Contract
    • ON SITE: 108 days
    • ID#: 18329582
    Under Contract
    $1,250,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,729
      SQFT
    • $264
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1901
    County:

    School Ratings & Info

    Description

    LAND VALUE, MAY BUILD MORE UNITS: Tier 3 TOC, ZONED R4. 7,325 SF LOT; ALLEY Behind for easy access. Income property with Four Spacious units, Great unit combination: One 4Bedrooms/1 Bath, Two 2Bedrooms/1Bath and One 1 Bedroom/1Bath. Located in a great area near down town, shops and transportation with many off street parking plus 3 car garage and extra parking at the back. Long term tenants are paying below market rents. Potential rates abound;' wile builder may work through the development process. Tenants have made upgrades: 2 units have granite counter tops,exterior has been painted, 3 units with laminated flooring and new sliding gate at the back. Charming front and back. yard.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-23T00:29:17.797. 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/82309351

    826 Lake Street Los Angeles (City), CA 90057

    • Price: $1,250,000
    • Status: Active Under Contract
    • ID#: 18329582
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,729
    SQFT
    $264
    $/SQFT
    1901
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    LAND VALUE, MAY BUILD MORE UNITS: Tier 3 TOC, ZONED R4. 7,325 SF LOT; ALLEY Behind for easy access. Income property with Four Spacious units, Great unit combination: One 4Bedrooms/1 Bath, Two 2Bedrooms/1Bath and One 1 Bedroom/1Bath. Located in a great area near down town, shops and transportation with many off street parking plus 3 car garage and extra parking at the back. Long term tenants are paying below market rents. Potential rates abound;' wile builder may work through the development process. Tenants have made upgrades: 2 units have granite counter tops,exterior has been painted, 3 units with laminated flooring and new sliding gate at the back. Charming front and back. yard.
    Exterior Features

    Lot Size Dimensions 50X146 Lot Size Source Assessor Lot Size Units Square Feet Parking Features StreetGarage - Single DoorControlled EntranceGarage - Three DoorGarage - Two Door Parking YN Yes

    Interior Features

    Appliances Freezer Appliances YN Yes

    Property Features

    Cap Rate 29.00 Gross Multiplier 28.00 Gross Operating Income 3563.00 Improvements Amount 173222 Land Lease YN No Land Value 449748 Net Operating Income 2332.00 Special Listing Conditions Standard Total Expenses 1231.00 Utilities Cable Available Zoning Lar4

    Listing provided courtesy of M Troy Soumis of Condosource.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-23T00:29:17.797. 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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