918 S Fresno Street

    Los Angeles (City), CA 90023
    • $750,000
    • STATUS: Active
    • ON SITE: 48 days
    • ID#: IV18233156
    UPDATED: 14 min ago
    $750,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $250
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Nicely maintained Duplex in Boyle Heights. Easy access to freeway and public transportation. This property is unique as it has it's own concrete parking area behind the units. The completion of the Sixth Street viaduct bridge in 2020, which will connect Boyle Heights to the LA Arts District should make this property very desirable. 918 1/2 Fresno utilizes the finished basement which adds an additional 3 beds and 1 bath to the unit. This area could possibly be separated to make this a Triplex which may allow for higher rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T13:31:10.623. 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/87929364

    918 S Fresno Street Los Angeles (City), CA 90023

    • Price: $750,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: IV18233156
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,000
    SQFT
    $250
    $/SQFT
    1922
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    Nicely maintained Duplex in Boyle Heights. Easy access to freeway and public transportation. This property is unique as it has it's own concrete parking area behind the units. The completion of the Sixth Street viaduct bridge in 2020, which will connect Boyle Heights to the LA Arts District should make this property very desirable. 918 1/2 Fresno utilizes the finished basement which adds an additional 3 beds and 1 bath to the unit. This area could possibly be separated to make this a Triplex which may allow for higher rents.
    Exterior Features

    Garage Spaces 0.00 Lot Features Near Public Transit 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 800 Average2 Bed Area Units Square Feet Average3 Bed Area 1400 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 Cable Tv Expense 0.00 Cap Rate 5.11 Community Features SidewalksStreet LightingSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gardener Expense 960.00 Gross Income 50520.00 Gross Scheduled Income 50520.00 Insurance Expense 1148.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Net Operating Income 36820.00 New Construction YN No New Taxes Expense 9750.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Operating Expense 13700.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 15538.00 Trash Expense 0.00 Water Sewer Expense 1680.00 Water Source Public Zoning Lar2

    Listing provided courtesy of John Menke of Coldwell Banker Town & Country.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T13:31:10.623. 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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