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240 W 82nd Street

Los Angeles (City), CA 90003
  • $705,000
  • STATUS: Active
  • ON SITE: 150 Days
  • ID#: DW23003134
$705,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Laine Warthan of Keller Williams Sela (562-334-1500)


Description

DON'T MISS OUT!! OPPORTUNITY KNOCKS! IMMEDIATE CASH FLOW opportunity for savvy investor! CURRENT ACTUAL RENTS: Front unit #1: 3 bed 1 bath Section 8 OCCUPIED: Unit#1 current rent is $2640 (market rate $3300). Back unit #2: 2 bed 1 bath (market rate $2600). This partial renovated duplex might just be the best opportunity left for home ownership in this great community at an affordable price! The front house boasts a large living room with decent sized bedrooms. Both units had kitchen renovations about 2 years ago with newer cabinets and quartz countertops, as well as interior and exterior paint. Both homes have laundry rooms! AS-IN condition needs a lot of TLC. Do not disturb tenants in front unit. Property will be delivered occupied with tenants in unit #1.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T00:27:27.573. 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 Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/135833379
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240 W 82nd Street Los Angeles (City), CA 90003

  • Price: $705,000
  • Status: Active
  • On Site: 150 Days
  • ID#: DW23003134
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1947
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
DON'T MISS OUT!! OPPORTUNITY KNOCKS! IMMEDIATE CASH FLOW opportunity for savvy investor! CURRENT ACTUAL RENTS: Front unit #1: 3 bed 1 bath Section 8 OCCUPIED: Unit#1 current rent is $2640 (market rate $3300). Back unit #2: 2 bed 1 bath (market rate $2600). This partial renovated duplex might just be the best opportunity left for home ownership in this great community at an affordable price! The front house boasts a large living room with decent sized bedrooms. Both units had kitchen renovations about 2 years ago with newer cabinets and quartz countertops, as well as interior and exterior paint. Both homes have laundry rooms! AS-IN condition needs a lot of TLC. Do not disturb tenants in front unit. Property will be delivered occupied with tenants in unit #1.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating None Heating YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbs Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 31680 Gross Scheduled Income 31680 Insurance Expense 1020 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 22485 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 9195 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 900 Water Sewer Expense 900 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-06T00:27:27.573. 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 Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Laine Warthan of Keller Williams Sela (562-334-1500)