839 W 69th Street

    Los Angeles (City), CA 90044
    • $739,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: MB18098271
    Price Reduced
    UPDATED: 77 min ago
    $739,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,779
      SQFT
    • $415
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Motivated seller!!! Bring all reasonable offers! Actual cap 5.5%+ with more potential upside. This property is located close to everything! Schools, parks, transit and freeways! This well kept 4 unit building situated on a large lot! The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated. All units have established tenants and will be delivered 100% occupied. Good paying tenants! Definitely a must see for investors looking for passive income. Close to the 110 freeway, USC, Downtown Los Angeles and more!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T15:27:49.687. 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/83026930

    839 W 69th Street Los Angeles (City), CA 90044

    • Price: $739,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: MB18098271
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,779
    SQFT
    $415
    $/SQFT
    1929
    Built
    Neighborhood:
    C23 - Metropolitan
    County:
    Los Angeles
    Area:
    C23 - Metropolitan
    Property Description
    Motivated seller!!! Bring all reasonable offers! Actual cap 5.5%+ with more potential upside. This property is located close to everything! Schools, parks, transit and freeways! This well kept 4 unit building situated on a large lot! The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated. All units have established tenants and will be delivered 100% occupied. Good paying tenants! Definitely a must see for investors looking for passive income. Close to the 110 freeway, USC, Downtown Los Angeles and more!
    Exterior Features

    Garage Spaces 3.00 Lot Features Back Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Three Door Parking Total 3.00 Parking YN Yes 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 1 Common Wall Laundry Features Inside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.50 Community Features Urban Country Us Elevation Units Feet Fuel Expense 0.00 Gross Income 58104.00 Gross Scheduled Income 58104.00 Insurance Expense 2500.00 Land Lease YN No Laundry YN Yes Net Operating Income 43578.00 New Taxes Expense 9937.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 14526.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 4842.26 Total Expenses 14526.00 Trash Expense 1000.00 Water Sewer Expense 1000.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Julio Ruiz of Global Major Properties and Armin Soleimani of Global Major Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T15:27:49.687. 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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