2125 Manitou Avenue

    Los Angeles (City), CA 90031
    • $1,575,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: TR18247406
    UPDATED: 43 min ago
    $1,575,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,534
      SQFT
    • $241
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:

    School Ratings & Info

    Description

    ***8 UNITS IN A SPACIOUS 6,534 SQ FOOT TWO STORY APARTMENT. This two story multi-unit apartment property sits on a 11,064 sq foot lot in a desirable & thriving Lincoln Heights neighborhood. The property features 2 well maintained buildings. The first unit has 2 bedrooms, a living room, kitchen, 1 bath. 2nd unit has 2 bedrooms, living room, kitchen, two balconies, 1 bath. 3rd unit has 2 bedrooms, living room, kitchen, rear balcony, 1 bath. 4th unit has 2 bedrooms, living room, remodeled kitchen, 1 bath. 5th & 6th units have 1 bedroom, large living room, kitchen, 1 bath. 7th unit has 1 bedroom, large living room, kitchen, balcony, 1 bath. 8th unit has 1 bedroom, large living room, kitchen, 1 bath. 3 out of the 8 units have been completely remodeled. The two buildings have a newer roof and All the units have a separate gas & electric meters. The Property features gated security parking w/remote control access. The property is centrally located, close to public transportation and is a short commute to Downtown LA, USC Medical Ctr., Dodger Stadium and much more! It has an easy access to major freeways. Neighboring Cities are Pasadena, Glendale, & Burbank. The property offers an excellent income and has plenty of upside potential on rents! Please Do Not Disturb Occupants!***

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T21:31:24.24. 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/88390910

    2125 Manitou Avenue Los Angeles (City), CA 90031

    • Price: $1,575,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: TR18247406
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    6,534
    SQFT
    $241
    $/SQFT
    1904
    Built
    Neighborhood:
    677 - Lincoln Hts
    County:
    Los Angeles
    Area:
    677 - Lincoln Hts
    Property Description
    ***8 UNITS IN A SPACIOUS 6,534 SQ FOOT TWO STORY APARTMENT. This two story multi-unit apartment property sits on a 11,064 sq foot lot in a desirable & thriving Lincoln Heights neighborhood. The property features 2 well maintained buildings. The first unit has 2 bedrooms, a living room, kitchen, 1 bath. 2nd unit has 2 bedrooms, living room, kitchen, two balconies, 1 bath. 3rd unit has 2 bedrooms, living room, kitchen, rear balcony, 1 bath. 4th unit has 2 bedrooms, living room, remodeled kitchen, 1 bath. 5th & 6th units have 1 bedroom, large living room, kitchen, 1 bath. 7th unit has 1 bedroom, large living room, kitchen, balcony, 1 bath. 8th unit has 1 bedroom, large living room, kitchen, 1 bath. 3 out of the 8 units have been completely remodeled. The two buildings have a newer roof and All the units have a separate gas & electric meters. The Property features gated security parking w/remote control access. The property is centrally located, close to public transportation and is a short commute to Downtown LA, USC Medical Ctr., Dodger Stadium and much more! It has an easy access to major freeways. Neighboring Cities are Pasadena, Glendale, & Burbank. The property offers an excellent income and has plenty of upside potential on rents! Please Do Not Disturb Occupants!***
    Exterior Features

    Garage Spaces 0.00 Lot Features 6-10 Units/AcreCorner LotFront Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Controlled EntranceOn SiteParking SpacePermit/DecalPrivate Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    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 No Common Walls Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lighting Country Us Elevation Units Feet Gross Income 9045.00 Gross Scheduled Income 108540.00 Insurance Expense 3245.00 Land Lease YN No Laundry Income 0.00 Laundry YN No Net Operating Income 82570.00 New Construction YN No New Taxes Expense 17325.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 25970.00 Other Income1 50.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasParking FeeTrash Collection Total Expenses 25970.00 Trash Expense 0.00 Water Sewer Expense 5400.00 Water Source Public Year Built Source Assessor Zoning Lard3

    Listing provided courtesy of Maritza Jimenez of Keller Williams.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T21:31:24.24. 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