1708 S Bonnie Brae Street

    Los Angeles (City), CA 90006
    • $2,100,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 19507526
    Price Reduced
    $2,100,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,486
      SQFT
    • $468
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Great Investment Opportunity in Pico/Union area! Much potential and upside in this fast changing area. 8 unit apartment located near Koreatown, DTLA, Staples Center, USC and Exposition Park. Easy access to freeway 10 & 110. Building is fully occupied. Each unit is separately metered--water, gas & trash services. 8 covered carport spaces. Potential room to park 4 more cars.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T00:33:24.53. 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/98957064

    1708 S Bonnie Brae Street Los Angeles (City), CA 90006

    • Price: $2,100,000
    • Status: Active
    • ID#: 19507526
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,486
    SQFT
    $468
    $/SQFT
    1964
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Great Investment Opportunity in Pico/Union area! Much potential and upside in this fast changing area. 8 unit apartment located near Koreatown, DTLA, Staples Center, USC and Exposition Park. Easy access to freeway 10 & 110. Building is fully occupied. Each unit is separately metered--water, gas & trash services. 8 covered carport spaces. Potential room to park 4 more cars.
    Exterior Features

    Carport Spaces 8.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking Total 8.00 Parking YN Yes

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Laundry Features None Levels Two

    Property Features

    Cable Tv Expense 0.00 Cap Rate 1.80 Electric Expense 595.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Gross Income 6432.00 Gross Multiplier 27.80 Gross Operating Income 77184.00 Improvements Amount 495000 Insurance Expense 2550.00 Land Value 740000 Laundry Income 0.00 Laundry YN No Licenses Expense 0.00 Maintenance Expense 22375.00 Net Operating Income 39931.00 Other Expense 2428.00 Pest Control Expense 630.00 Pool Expense 0.00 Professional Management Expense 11400.00 Security Expense 0.00 Special Listing Conditions Standard Supplies Expense 0.00 Total Expenses 39103.00 Trash Expense 2347.00 Water Sewer Expense 2429.00 Workmans Compensation Expense 0.00 Zoning Lard1.5

    Listing provided courtesy of Christine Bullard of Nourmand & Associates-Hw


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T00:33:24.53. 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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