3040 James M Wood Boulevard

    Los Angeles (City), CA 90006
    • $1,349,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: SR18237014
    UPDATED: 135 min ago
    $1,349,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,540
      SQFT
    • $381
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Ratings & Info

    Description

    INCREDIBLE investment opportunity!! 1 unit will be vacant upon delivery!!! DO NOT miss out this 4 units R-4 Zoning property that has UNLIMITED potential for your investment!! 2 upstairs units has 2 bd 1 ba each and 2 downstairs units has 1 bd 1 ba each. All units has Washer and Dryer in their units. Laminated wood floors all around with functional kitchen in all units. There are 4 car port style parking spaces plus extra parking available. Centrally located in Koreatown and easy access to public transportation, restaurants, freeways, markets and bank for your loyal tenants. Make an offer to purchase on this WONDERFUL investment property that has GREAT potential. Seller is motivated to sell and will entertain all offers.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T00:30:30.353. 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/88096132

    3040 James M Wood Boulevard Los Angeles (City), CA 90006

    • Price: $1,349,000
    • Status: Active
    • Updated: 135 min ago
    • ID#: SR18237014
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,540
    SQFT
    $381
    $/SQFT
    1921
    Built
    Neighborhood:
    KREA - Koreatown
    County:
    Los Angeles
    Area:
    KREA - Koreatown
    Property Description
    INCREDIBLE investment opportunity!! 1 unit will be vacant upon delivery!!! DO NOT miss out this 4 units R-4 Zoning property that has UNLIMITED potential for your investment!! 2 upstairs units has 2 bd 1 ba each and 2 downstairs units has 1 bd 1 ba each. All units has Washer and Dryer in their units. Laminated wood floors all around with functional kitchen in all units. There are 4 car port style parking spaces plus extra parking available. Centrally located in Koreatown and easy access to public transportation, restaurants, freeways, markets and bank for your loyal tenants. Make an offer to purchase on this WONDERFUL investment property that has GREAT potential. Seller is motivated to sell and will entertain all offers.
    Exterior Features

    Garage Spaces 4.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 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 Dryer IncludedWasher Included Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.30 Community Features SidewalksStreet Lighting Country Us Elevation Units Feet Gross Income 67680.00 Gross Scheduled Income 86400.00 Insurance Expense 900.00 Land Lease YN No Laundry YN Yes Net Operating Income 47518.00 New Construction YN No New Taxes Expense 16862.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 3300.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 20162.00 Trash Expense 0.00 Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of Tiffany Lee of Dream Realty Asset Mgt. Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T00:30:30.353. 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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