255 Isabel Street

    Los Angeles (City), CA 90065
    • $2,095,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 19525228
    UPDATED: 31 min ago
    $2,095,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,990
      SQFT
    • $525
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    255 Isabel Street ia a one-of- a-kind 7-unit apartment community located in Mt. Washington (90065). 255 Isabel Street was built in 1925 and consists of seven charming stand-alone bungalow homes. Each one has its own private entrance and exit and a unique outdoor space. The bungalows are large in size and have one bedroom and one bathroom. They sit on a sprawling 13,380 square foot lot, offering plenty of privacy and space for the tenants to enjoy. Stairs lead to a large yard at the rear of the property. Each unit has its own covered parking garage. The expenses are low as each unit is separately metered for gas and electricity and has its own water heater. 255 Isabel Street is centrally located in Los Angeles, a short drive from Highland Park, Hollywood and Downtown. While geographically located in Mt. Washington, the property neighbors the up-and-coming Cypress Park. It is poised to capitalize on the tremendous momentum in this unique market.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T00:27:25.833. 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/100392531

    255 Isabel Street Los Angeles (City), CA 90065

    • Price: $2,095,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 19525228
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    3,990
    SQFT
    $525
    $/SQFT
    1925
    Built
    Neighborhood:
    680 - Mount Washington
    County:
    Los Angeles
    Area:
    680 - Mount Washington
    Property Description
    255 Isabel Street ia a one-of- a-kind 7-unit apartment community located in Mt. Washington (90065). 255 Isabel Street was built in 1925 and consists of seven charming stand-alone bungalow homes. Each one has its own private entrance and exit and a unique outdoor space. The bungalows are large in size and have one bedroom and one bathroom. They sit on a sprawling 13,380 square foot lot, offering plenty of privacy and space for the tenants to enjoy. Stairs lead to a large yard at the rear of the property. Each unit has its own covered parking garage. The expenses are low as each unit is separately metered for gas and electricity and has its own water heater. 255 Isabel Street is centrally located in Los Angeles, a short drive from Highland Park, Hollywood and Downtown. While geographically located in Mt. Washington, the property neighbors the up-and-coming Cypress Park. It is poised to capitalize on the tremendous momentum in this unique market.
    Exterior Features

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

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.20 Gross Multiplier 15.54 Gross Operating Income 133460.00 Improvements Amount 561000 Land Value 918000 Laundry YN Yes Net Operating Income 88530.00 Special Listing Conditions Standard Total Expenses 44930.00 Zoning Lar1

    Listing provided courtesy of Nick Astrupgaard of Kw Commercial Studio City and Rich Johns of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T00:27:25.833. 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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