3993 S St Andrews Place

    Los Angeles (City), CA 90062
    • $1,100,000
    • STATUS: Active
    • ON SITE: 62 days
    • ID#: 20549996
    $1,100,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    5-Unit Cash Flowing Investment Property Near Rapidly Gentrifying Leimert Park. The Market Rate Units Are Remodeled With Updated Kitchens, Bathrooms, Flooring, Paint, Etc. And Modified Layout For A 2nd Bedroom. Additional Upside For The Next Owner To Remodel The Other 2 Units And Increase The Cash flow And Value Of The Property. Centrally Located To Downtown L.A., USC And Across The Street From A Laundromat. This Charming Complex Has 2 Detached Bungalows In Front And A 3-Unit Bungalow In Back With A Center Courtyard And Beautiful Landscaping. Don't Miss Out On This Excellent Investment Opportunity!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T00:27:53.273. 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/102885509

    3993 S St Andrews Place Los Angeles (City), CA 90062

    • Price: $1,100,000
    • Status: Active
    • ID#: 20549996
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1924
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    5-Unit Cash Flowing Investment Property Near Rapidly Gentrifying Leimert Park. The Market Rate Units Are Remodeled With Updated Kitchens, Bathrooms, Flooring, Paint, Etc. And Modified Layout For A 2nd Bedroom. Additional Upside For The Next Owner To Remodel The Other 2 Units And Increase The Cash flow And Value Of The Property. Centrally Located To Downtown L.A., USC And Across The Street From A Laundromat. This Charming Complex Has 2 Detached Bungalows In Front And A 3-Unit Bungalow In Back With A Center Courtyard And Beautiful Landscaping. Don't Miss Out On This Excellent Investment Opportunity!
    Exterior Features

    Direction Faces East Lot Size Source Assessor Lot Size Units Square Feet Parking Features Street Parking YN Yes Pool Features None Pool Private YN No

    Interior Features

    Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 82651.00 Gross Multiplier 13.31 Gross Operating Income 80172.00 Insurance Expense 2995.00 Maintenance Expense 1500.00 Net Operating Income 57296.00 Other Expense 1000.00 Professional Management Expense 3411.00 Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 2048.00 Water Sewer Expense 1111.00 Zoning Lard1.5

    Listing provided courtesy of Tia Hughes of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T00:27:53.273. 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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