3318 Drew Street

    Los Angeles (City), CA 90065
    • $2,149,941
    • STATUS: Active Under Contract
    • ON SITE: 149 days
    • ID#: BB18139232
    Under Contract
    UPDATED: 54 min ago
    $2,149,941
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,881
      SQFT
    • $273
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    BOM! Previously sold with multiple bids! Run, don't walk! 12 unit building. New exterior paint approximately 3-5 years ago, newer rolled roofing approximately 5 years ago. Building shares driveway and electric gate with apartment building next door and has wrought iron fencing surrounding the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T07:26:46.967. 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. Licensed in the State of California, USA.
    www.teamforss.com/homes/85583276

    3318 Drew Street Los Angeles (City), CA 90065

    • Price: $2,149,941
    • Status: Active Under Contract
    • Updated: 54 min ago
    • ID#: BB18139232
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    7,881
    SQFT
    $273
    $/SQFT
    1959
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    BOM! Previously sold with multiple bids! Run, don't walk! 12 unit building. New exterior paint approximately 3-5 years ago, newer rolled roofing approximately 5 years ago. Building shares driveway and electric gate with apartment building next door and has wrought iron fencing surrounding the property.
    Exterior Features

    Carport Spaces 2.00 Garage Spaces 3.00 Lot Features Front YardLot-Level/FlatPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 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 Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.47 Community Features CurbsSidewalksStreet Lighting Country Us Elevation Units Feet Gross Income 136800.00 Gross Multiplier 15.13 Gross Scheduled Income 142080.00 Insurance Expense 3334.00 Land Lease YN No Laundry YN Yes Net Operating Income 96005.00 New Construction YN No New Taxes Expense 28125.00 Number Of Separate Electric Meters 12 Number Of Separate Gas Meters 12 Number Of Separate Water Meters 1 Operating Expense 41516.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 46075.00 Trash Expense 1350.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Bradley Korb of Brad Korb Real Estate Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T07:26:46.967. 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. Licensed in the State of California, USA.
     
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