7014 S Vermont Avenue

    Los Angeles (City), CA 90044
    • $705,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: SR18169594
    UPDATED: 43 min ago
    $705,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,313
      SQFT
    • $213
      $/SQFT
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Mixed used multiple units income property. It has 3 unit residential building. Monthly rent from residential units $2,600. It has 2 units commercial store. Monthly rent from store $2,000. Also $600 monthly income from storage and parking lot rental. Total monthly income $5,200. Only expense is trash collection approx. $300. Close to all amenities. Lots of potential. ASSUME LOAN OF $396k, NO CREDIT CHECK, NO INCOME VERIFICATION. MONTHLY PAYMENT $2,415. PUT DOWN $309K AND CLOSE ESCROW. DO NOT PASS THIS OPPORTUNITY OF LIFE TIME.

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    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/85615578

    7014 S Vermont Avenue Los Angeles (City), CA 90044

    • Price: $705,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: SR18169594
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,313
    SQFT
    $213
    $/SQFT
    1940
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Mixed used multiple units income property. It has 3 unit residential building. Monthly rent from residential units $2,600. It has 2 units commercial store. Monthly rent from store $2,000. Also $600 monthly income from storage and parking lot rental. Total monthly income $5,200. Only expense is trash collection approx. $300. Close to all amenities. Lots of potential. ASSUME LOAN OF $396k, NO CREDIT CHECK, NO INCOME VERIFICATION. MONTHLY PAYMENT $2,415. PUT DOWN $309K AND CLOSE ESCROW. DO NOT PASS THIS OPPORTUNITY OF LIFE TIME.
    Exterior Features

    Garage Spaces 2.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved

    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 Cooling Wall Window Cooling YN Yes Laundry Features Area Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 62400.00 Gross Scheduled Income 62400.00 Insurance Expense 2400.00 Land Lease YN No Laundry YN Yes Net Operating Income 52440.00 New Construction YN No New Taxes Expense 4860.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 5 Operating Expense 9960.00 Professional Management Expense 0.00 Property Sub Type Commercial/Residential Rent Control YN Yes Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Tenant Pays All UtilitiesElectricityGas Total Expenses 9960.00 Trash Expense 2700.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lac2

    Listing provided courtesy of Mahmud Ulkarim of Megna Real Estate Services.


    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.
     
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