408 S Avenue 20

    Lincoln Heights, CA 90031
    • $735,000
    • STATUS: Active
    • ON SITE: 154 days
    • ID#: AR19135799
    UPDATED: 140 min ago
    $735,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,025
      SQFT
    • $243
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1895
    County:

    School Ratings & Info

    Description

    Favorable price adjustment ! Excellent investment opportunity. 4 Units. Large lot size over 9,000 square feet. Convenient location with easy access to the 5 Freeway. Front building has a 2 bed 1 bath unit and a 1 bed 1 bath unit. Second building is a 1 bed 1 bath unit. Third building is a 1 bed 1 bath unit. Approximate living square footage of the combined 4 units is 3,025 sq ft. Long driveway leads to a garage. Updated flooring inside the units. Lincoln Heights neighborhood is revitalizing. Located nearby Chinatown, Downtown LA, Dodger Stadium, and San Antonio Winery. Rental Income and Property Expense information provided is pro forma.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-12T00:27:58.053. 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/95727672

    408 S Avenue 20 Lincoln Heights, CA 90031

    • Price: $735,000
    • Status: Active
    • Updated: 140 min ago
    • ID#: AR19135799
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,025
    SQFT
    $243
    $/SQFT
    1895
    Built
    Neighborhood:
    677 - Lincoln Hts
    County:
    Los Angeles
    Area:
    677 - Lincoln Hts
    Property Description
    Favorable price adjustment ! Excellent investment opportunity. 4 Units. Large lot size over 9,000 square feet. Convenient location with easy access to the 5 Freeway. Front building has a 2 bed 1 bath unit and a 1 bed 1 bath unit. Second building is a 1 bed 1 bath unit. Third building is a 1 bed 1 bath unit. Approximate living square footage of the combined 4 units is 3,025 sq ft. Long driveway leads to a garage. Updated flooring inside the units. Lincoln Heights neighborhood is revitalizing. Located nearby Chinatown, Downtown LA, Dodger Stadium, and San Antonio Winery. Rental Income and Property Expense information provided is pro forma.
    Exterior Features

    Garage Spaces 1.00 Lot Features Back YardFront Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 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 See Remarks Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 1800.00 Elevation Units Feet Exclusions All Of Tenant's Personal Property Fuel Expense 0.00 Gross Income 46140.00 Gross Scheduled Income 46140.00 Insurance Expense 2500.00 Land Lease YN No Laundry YN Yes Net Operating Income 28840.00 New Construction YN No New Taxes Expense 9000.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 17300.00 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 17300.00 Trash Expense 2000.00 Water Sewer Expense 2000.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Hank Hoang of Re/Max 6000 Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-12T00:27:58.053. 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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