1449 W 35TH Place

    Los Angeles (City), CA 90007
    • $1,625,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 19515748
    UPDATED: 64 min ago
    $1,625,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,524
      SQFT
    • $461
      $/SQFT
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    This building is newly remodeled with great credit tenants in place paying market rents. The owner is 1031ing into new building and is letting this great cashflow 6.2%+ cap rate go at a discount. Don't miss this great opportunity to own a great building, walking distance to USC, with good credit tenants. This building also earns from brand new coin laundry facility on property and offers great parking on site for tenants. The building runs smoothly under management as a completely hands-off investment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. 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 or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/99458773

    1449 W 35TH Place Los Angeles (City), CA 90007

    • Price: $1,625,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 19515748
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,524
    SQFT
    $461
    $/SQFT
    1961
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    This building is newly remodeled with great credit tenants in place paying market rents. The owner is 1031ing into new building and is letting this great cashflow 6.2%+ cap rate go at a discount. Don't miss this great opportunity to own a great building, walking distance to USC, with good credit tenants. This building also earns from brand new coin laundry facility on property and offers great parking on site for tenants. The building runs smoothly under management as a completely hands-off investment.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Cap Rate 6.20 Gross Multiplier 12.50 Gross Operating Income 129600.00 Improvements Amount 36949 Land Value 26593 Net Operating Income 96350.00 Special Listing Conditions Standard Total Expenses 33250.00 Zoning Lar4

    Listing provided courtesy of Dan Kolodziejski of Clement Partners Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. 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 or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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