2001 S Congress Avenue

    Los Angeles (City), CA 90018
    • $760,000
    • STATUS: Active
    • ON SITE: 95 days
    • ID#: RS19153703
    UPDATED: 36 min ago
    $760,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,054
      SQFT
    • $370
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    Description

    Location, Location, Location! U.S.C. , DTLA, Koreatown! Centrally located close to all of these areas with explosive growth and development! Good income with great upside potential. 3 legal UNITS on an RD2 Lot! Rent all 3 UNITS or Live in one and pay your mortgage with 2 other rental unit incomes!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T07:33:55.4. 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/96956821

    2001 S Congress Avenue Los Angeles (City), CA 90018

    • Price: $760,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: RS19153703
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,054
    SQFT
    $370
    $/SQFT
    1905
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Location, Location, Location! U.S.C. , DTLA, Koreatown! Centrally located close to all of these areas with explosive growth and development! Good income with great upside potential. 3 legal UNITS on an RD2 Lot! Rent all 3 UNITS or Live in one and pay your mortgage with 2 other rental unit incomes!
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN Yes

    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 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Wall Furnace Heating YN Yes Laundry Features See Remarks Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.80 Community Features SidewalksUrban Country Us Elevation Units Feet Gross Income 52200.00 Gross Multiplier 14.50 Gross Scheduled Income 52200.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 36540.00 New Construction YN No New Taxes Expense 9120.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 15660.00 Operating Expense Percent 30.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4350.00 Total Expenses 14220.00 Trash Expense 1200.00 Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Luis Guevara of Keller Williams Realty Downey


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T07:33:55.4. 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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