2424 West

    Los Angeles (City), CA 90016
    • $650,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: 18386640
    Price Reduced
    UPDATED: 49 min ago
    $650,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 400
      SQFT
    • $1,625
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Great opportunity for value add in Mid City. Ideal for decisive investor looking in this hot market for an opportunity to profit.UNIT MIX House: 3 Bedroom 1.5 Bathroom Current Rent $1,519 **1 Bedroom 1 Bathroom Current Rent $928 ** 1 Bedroom 1 Bathroom Current Rent $921. Market Rents for 3 Bedrooms $1,950 ** Market Rent for 1 Bedroom: $1,450 TOTAL CURRENT RENTS $3,368 TOTAL MARKET RENTS $4,650 . Opportunity to create value. Parking on driveway for three cars.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T08:28:17.697. 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/87521892

    2424 West Los Angeles (City), CA 90016

    • Price: $650,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 18386640
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    400
    SQFT
    $1,625
    $/SQFT
    1923
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Great opportunity for value add in Mid City. Ideal for decisive investor looking in this hot market for an opportunity to profit.UNIT MIX House: 3 Bedroom 1.5 Bathroom Current Rent $1,519 **1 Bedroom 1 Bathroom Current Rent $928 ** 1 Bedroom 1 Bathroom Current Rent $921. Market Rents for 3 Bedrooms $1,950 ** Market Rent for 1 Bedroom: $1,450 TOTAL CURRENT RENTS $3,368 TOTAL MARKET RENTS $4,650 . Opportunity to create value. Parking on driveway for three cars.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling See Remarks Cooling YN Yes Laundry Features None

    Property Features

    Cap Rate 5.00 Gross Multiplier 16.00 Gross Operating Income 3368.00 Improvements Amount 79576 Land Value 212207 Laundry YN No Net Operating Income 2868.00 Special Listing Conditions Standard Total Expenses 500.00 Zoning Lar2

    Listing provided courtesy of Ronald Escobar of Century 21 Select.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T08:28:17.697. 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.
     
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