1647 W 12TH Place

    Los Angeles (City), CA 90015
    • $920,000
    • STATUS: Active
    • ON SITE: 47 days
    • ID#: 18392716
    UPDATED: 51 min ago
    $920,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,662
      SQFT
    • $346
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:

    School Ratings & Info

    Description

    4 Unit Building in Downtown Los Angeles w/ Back house. Walking distance to Staples Center and LA LIVE! Well maintained building. Back house is not included in unit mix and income information. All units delivered occupied. Selling As-Is. Extremely high upside in rents. Excellent price in regards to the area. Pro-forma Cap Rate is 7%+. Offer subject to inspection. Owner will consider all offers.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T18:34:06.593. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88183496

    1647 W 12TH Place Los Angeles (City), CA 90015

    • Price: $920,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: 18392716
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,662
    SQFT
    $346
    $/SQFT
    1918
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    4 Unit Building in Downtown Los Angeles w/ Back house. Walking distance to Staples Center and LA LIVE! Well maintained building. Back house is not included in unit mix and income information. All units delivered occupied. Selling As-Is. Extremely high upside in rents. Excellent price in regards to the area. Pro-forma Cap Rate is 7%+. Offer subject to inspection. Owner will consider all offers.
    Exterior Features

    Garage Spaces 0.00 Lot Size Units Square Feet Parking Features Driveway Parking Total 0.00 Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Laundry Features None

    Property Features

    Cap Rate 3.90 Gross Multiplier 20.50 Gross Operating Income 45696.00 Improvements Amount 120098 Land Value 480413 Laundry YN No Net Operating Income 36696.00 Special Listing Conditions Standard Total Actual Rent 45696.00 Total Expenses 9000.00 Zoning Lard1.5

    Listing provided courtesy of Damon Nazari of Keller Williams Beverly Hills.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T18:34:06.593. 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. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604