6022 W 8TH Street

    Los Angeles (City), CA 90036
    • $3,095,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • ID#: 19511242
    Under Contract
    UPDATED: 61 min ago
    $3,095,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,982
      SQFT
    • $443
      $/SQFT
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    6022 W. 8th Street is an incredible character 8 unit apartment building containing 6 one-bedroom and 2 studio units. It is in a fantastic location in the Miracle Mile, just east of Fairfax, and one block south of Wilshire Boulevard. It is within one block of the Los Angeles County Museum of Art and the future Purple Line Subway Station set for completion in 2023. Building has classic architecture, hardwood floors, eat-in kitchens, large living rooms, high ceilings, front & rear entrances in 7 apartments, controlled intercom access and original details. The building reminds all who see it of a time when quality of workmanship and construction were the norm. Please do not walk on the property or disturb the tenants. Zoning LAR3 HPOZ.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T09:35:58.16. 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/99106643

    6022 W 8TH Street Los Angeles (City), CA 90036

    • Price: $3,095,000
    • Status: Active Under Contract
    • Updated: 61 min ago
    • ID#: 19511242
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,982
    SQFT
    $443
    $/SQFT
    1928
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    6022 W. 8th Street is an incredible character 8 unit apartment building containing 6 one-bedroom and 2 studio units. It is in a fantastic location in the Miracle Mile, just east of Fairfax, and one block south of Wilshire Boulevard. It is within one block of the Los Angeles County Museum of Art and the future Purple Line Subway Station set for completion in 2023. Building has classic architecture, hardwood floors, eat-in kitchens, large living rooms, high ceilings, front & rear entrances in 7 apartments, controlled intercom access and original details. The building reminds all who see it of a time when quality of workmanship and construction were the norm. Please do not walk on the property or disturb the tenants. Zoning LAR3 HPOZ.
    Exterior Features

    Architectural Style Spanish Construction Materials Stucco Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking YN Yes Pool Features None Pool Private YN No Roof Composition View None View YN No

    Interior Features

    Appliances Water Heater CentralNone Appliances YN No Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Wood Laundry Features CommunityNone

    Property Features

    Association Amenities Other Association YN Yes Cap Rate 3.42 Garage Income 700.00 Gross Multiplier 18.10 Gross Operating Income 165265.00 Improvements Amount 275159 Land Value 454017 Laundry Income 25.00 Laundry YN No Net Operating Income 105967.00 Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Total Expenses 59298.00 Zoning Lar3

    Listing provided courtesy of James Gilb of Miller & Desatnik Realty Co.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T09:35:58.16. 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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