535 W 54TH Street

    Los Angeles (City), CA 90037
    • $595,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 18381024
    UPDATED: 117 min ago
    $595,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,128
      SQFT
    • $280
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    The subject property consists of a duplex and a detached house for a total of three units. All of the units are 2 beds and 1.5 baths. The residential financing allows for the ability of a very small down payment and up to a 30-year term. The property is located in South Los Angeles just over 2 miles from the University of Southern California (USC) Campus and less than a mile from Augustus Hawkins High School. The property is designated section 8 housing which allows for security through government-backed payments. This unique investment opportunity offers an excellent owner user/landlord opportunity with significant rental upside in an emerging Los Angeles submarket.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T00:30:49.157. 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/87070125

    535 W 54TH Street Los Angeles (City), CA 90037

    • Price: $595,000
    • Status: Active
    • Updated: 117 min ago
    • ID#: 18381024
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,128
    SQFT
    $280
    $/SQFT
    1923
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    The subject property consists of a duplex and a detached house for a total of three units. All of the units are 2 beds and 1.5 baths. The residential financing allows for the ability of a very small down payment and up to a 30-year term. The property is located in South Los Angeles just over 2 miles from the University of Southern California (USC) Campus and less than a mile from Augustus Hawkins High School. The property is designated section 8 housing which allows for security through government-backed payments. This unique investment opportunity offers an excellent owner user/landlord opportunity with significant rental upside in an emerging Los Angeles submarket.
    Exterior Features

    Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Association Amenities Other Association YN Yes Cap Rate 4.23 Gross Multiplier 15.26 Gross Operating Income 39000.00 Improvements Amount 180000 Land Value 270000 Laundry YN Yes Net Operating Income 24474.00 Special Listing Conditions Standard Total Expenses 12576.00 Zoning Lar2

    Listing provided courtesy of Filip Niculete of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T00:30:49.157. 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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