512 N Poinsettia Place

    Los Angeles (City), CA 90036
    • $1,700,000
    • STATUS: Closed
    • ON SITE: 173 days
    • ID#: 18339214
    Sold - 09/17/2018
    $1,700,000
    SOLD - 09/17/2018
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,607
      SQFT
    • $652
      $/SQFT
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    Great opportunity to own duplex/develop on highly coveted 500 block of Poinsettia Pl. - Wonderful area close to all La Brea/Melrose/Fairfax has to offer - Lot size is 7717 according to tax rolls - Duplex has long time tenants (8 years/9 years) - Units are 2 bedrooms/1 bath each -3 car garage - some upgrades including newer kitchen in 514 and copper plumbing - current rents were last raised 7/17 - Property to be sold in it'sAS IS condition with no credits to buyer, repairs or inspection contingencies - Please note: this lot is Zoned LAR-1 - Subject to current owner finding a replacement property to comply with 1031 exchange - Do Not Disturb Current Tenants or Walk on Property

    Sold by Or Brodsky of Coldwell Banker Residential Br.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-23T12:35:39.023. 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/83160391

    512 N Poinsettia Place Los Angeles (City), CA 90036

    • Price: $1,495,000
    • Status: Closed
    • Updated: 15 min ago
    • ID#: 18339214
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,607
    SQFT
    $652
    $/SQFT
    1927
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Great opportunity to own duplex/develop on highly coveted 500 block of Poinsettia Pl. - Wonderful area close to all La Brea/Melrose/Fairfax has to offer - Lot size is 7717 according to tax rolls - Duplex has long time tenants (8 years/9 years) - Units are 2 bedrooms/1 bath each -3 car garage - some upgrades including newer kitchen in 514 and copper plumbing - current rents were last raised 7/17 - Property to be sold in it'sAS IS condition with no credits to buyer, repairs or inspection contingencies - Please note: this lot is Zoned LAR-1 - Subject to current owner finding a replacement property to comply with 1031 exchange - Do Not Disturb Current Tenants or Walk on Property
    Exterior Features

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

    Interior Features

    Cooling None Cooling YN No Laundry Features See Remarks

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 58884.00 Improvements Amount 185730 Land Value 275159 Laundry YN Yes Net Operating Income 58884.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lar1

    Listing provided courtesy of Stacey Babbitt of Coldwell Banker Residential Br.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-23T12:35:39.023. 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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