5410 Blackwelder Street

    Los Angeles (City), CA 90016
    • $1,150,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: SR18241069
    UPDATED: 43 min ago
    $1,150,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,224
      SQFT
    • $357
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Seller will carry financing with 35% down payment. New paint, new paved parking and driveway and new roof in 2014. Twin building next door sold for $1,190,000 two months ago. One unit is delivered vacant which consists of 2 bedroom + 1 bath and has potential rent of $2,300. Gross income of $72,312 includes pro forma rent from vacant unit. Great unit mix consisting of (one) 3 bedroom + 2 bath, (two) 2 bedroom + 1 bath, (one) 1 bedroom + 1 bath. The property was built in 1964 and is set on a 4,802 sq ft (per assessor) lot. Separate gas and electric meters. 4 onsite parking spaces. See offering memorandum and rent roll for details.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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/88221431

    5410 Blackwelder Street Los Angeles (City), CA 90016

    • Price: $1,150,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: SR18241069
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,224
    SQFT
    $357
    $/SQFT
    1964
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Seller will carry financing with 35% down payment. New paint, new paved parking and driveway and new roof in 2014. Twin building next door sold for $1,190,000 two months ago. One unit is delivered vacant which consists of 2 bedroom + 1 bath and has potential rent of $2,300. Gross income of $72,312 includes pro forma rent from vacant unit. Great unit mix consisting of (one) 3 bedroom + 2 bath, (two) 2 bedroom + 1 bath, (one) 1 bedroom + 1 bath. The property was built in 1964 and is set on a 4,802 sq ft (per assessor) lot. Separate gas and electric meters. 4 onsite parking spaces. See offering memorandum and rent roll for details.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 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 Heating Wall Heater Heating YN Yes Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.60 Community Features SidewalksStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 358.00 Gardener Expense 300.00 Gross Income 72312.00 Gross Multiplier 15.90 Gross Scheduled Income 72312.00 Insurance Expense 1101.00 Land Lease YN No Laundry YN Yes Licenses Expense 270.00 Net Operating Income 52982.00 New Construction YN No New Taxes Expense 14375.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 17883.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 17883.00 Trash Expense 0.00 Vacancy Allowance 1447 Vacancy Allowance Rate 2.00 Water Sewer Expense 1569.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Anie Mayelian of Keller Williams Encino-Sherman.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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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