5637 Hub Street

    Los Angeles (City), CA 90042
    • $1,599,000
    • STATUS: Active
    • ON SITE: 141 days
    • ID#: 19530490
    UPDATED: 35 min ago
    $1,599,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    PRICE REDUCED! 14.83Times Gross - 4.87% Cap Rate. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence & Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley. This property is near several parks, Highland Park Recreation Center, the Historic Southwest Museum and the 110 freeway.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-05T10:38:45.3. 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/101009691

    5637 Hub Street Los Angeles (City), CA 90042

    • Price: $1,599,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: 19530490
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1927
    Built
    Neighborhood:
    632 - Highland Park
    County:
    Los Angeles
    Area:
    632 - Highland Park
    Property Description
    PRICE REDUCED! 14.83Times Gross - 4.87% Cap Rate. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence & Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley. This property is near several parks, Highland Park Recreation Center, the Historic Southwest Museum and the 110 freeway.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Property Features

    Gross Income 107820.00 Gross Multiplier 14.83 Gross Operating Income 105749.00 Net Operating Income 77824.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar2

    Listing provided courtesy of Eric Dilanian of Remax Commercial And Investment Realty and Enrique Viramontes of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-05T10:38:45.3. 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.

     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592