6043 Stafford Ave Avenue

    Huntington Park, CA 90255
    • $1,750,000
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: 19483366
    UPDATED: 78 min ago
    $1,750,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,360
      SQFT
    • $275
      $/SQFT

    School Ratings & Info

    Description

    GREAT OPPORTUNITY FOR INVESTORS LOOKING FOR 1031 EXCHANGE. ALSO, PLS SEE 6321 TEMPLETON ST 7 UNITS FOR $1.550M MLS#19-483488. NO RENT CONTROL. XCLNT UP-SIDE POTENTIAL FOR CASH FLOW & EQUITY. CURRENT RENTS ARE WAY UNDER MRKT COMPARED TO OTHER RENTALS FOR 1 & 2 BDRMS IN THE AREA. GATED WELL-MNTND 8 UNIT 2 STORY APT BLDG IN PRIME HP LOCATION. FIRST TIME ON MRKT SINCE 1984. 5 DET GAR IN BK WITH ALLEY ENTRANCE. 5 UNITS INCL 1 CAR GAR & 3 UNITS W/ST PRKG VERY CLOSE TO THE MAIN DWNTWN EXCITING SHPG CTRS, REST, RETAIL SHOPS, ETC... ALONG PACIFIC BLVD. FULLY OCCUPIED. EXTRA INC $$$ FOR LEASED LNDRY MACH. MIN TO PRVT & PUBLIC SCHOOLS, USC, MOUNT ST MARY'S, LA TRADE TECH. EZ ACCESS TO PUB TRANS; BUSES, SUBWAY TRNST, COMMUTER RAIL STATNS, REC PARKS. FAMILY ORIENTED NBRHD. PLS DO NOT DISTURB TENANTS. DRIVE BY ONLY DO NOT WALK AROUND INSIDE THE BLDG. NO TERMITE REP & COMPLETION. NO FOR SALE SIGN ON PROP. SOLD IN "AS IS" COND. APPRX 5 MILES FR DTLA.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T08:29:09.797. 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/96411107

    6043 Stafford Ave Avenue Huntington Park, CA 90255

    • Price: $1,750,000
    • Status: Active
    • Updated: 78 min ago
    • ID#: 19483366
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,360
    SQFT
    $275
    $/SQFT
    1954
    Built
    Neighborhood:
    T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
    County:
    Los Angeles
    Area:
    T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc
    Property Description
    GREAT OPPORTUNITY FOR INVESTORS LOOKING FOR 1031 EXCHANGE. ALSO, PLS SEE 6321 TEMPLETON ST 7 UNITS FOR $1.550M MLS#19-483488. NO RENT CONTROL. XCLNT UP-SIDE POTENTIAL FOR CASH FLOW & EQUITY. CURRENT RENTS ARE WAY UNDER MRKT COMPARED TO OTHER RENTALS FOR 1 & 2 BDRMS IN THE AREA. GATED WELL-MNTND 8 UNIT 2 STORY APT BLDG IN PRIME HP LOCATION. FIRST TIME ON MRKT SINCE 1984. 5 DET GAR IN BK WITH ALLEY ENTRANCE. 5 UNITS INCL 1 CAR GAR & 3 UNITS W/ST PRKG VERY CLOSE TO THE MAIN DWNTWN EXCITING SHPG CTRS, REST, RETAIL SHOPS, ETC... ALONG PACIFIC BLVD. FULLY OCCUPIED. EXTRA INC $$$ FOR LEASED LNDRY MACH. MIN TO PRVT & PUBLIC SCHOOLS, USC, MOUNT ST MARY'S, LA TRADE TECH. EZ ACCESS TO PUB TRANS; BUSES, SUBWAY TRNST, COMMUTER RAIL STATNS, REC PARKS. FAMILY ORIENTED NBRHD. PLS DO NOT DISTURB TENANTS. DRIVE BY ONLY DO NOT WALK AROUND INSIDE THE BLDG. NO TERMITE REP & COMPLETION. NO FOR SALE SIGN ON PROP. SOLD IN "AS IS" COND. APPRX 5 MILES FR DTLA.
    Exterior Features

    Architectural Style Traditional Entry Location Ground Level Garage Spaces 5.00 Lot Features Level Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCoveredStreet Parking Total 5.00 Parking YN Yes

    Interior Features

    Appliances Gas Water Heater Appliances YN Yes Laundry Features Dryer IncludedIndividual RoomWasher IncludedCommunity Levels Two

    Property Features

    Cap Rate 3.70 Electric Expense 456.00 Fuel Expense 396.00 Garage Income 0.00 Gross Income 63936.00 Gross Multiplier 19.24 Gross Operating Income 90960.00 Gross Scheduled Income 90960.00 Improvements Amount 388539 Insurance Expense 1620.00 Land Value 104996 Laundry YN Yes Licenses Expense 108.00 Maintenance Expense 6000.00 Net Operating Income 63936.00 Pool Expense 0.00 Professional Management Expense 4548.00 Property Condition Repairs Cosmetic Special Listing Conditions Standard Tenant Pays ElectricityCable TvGas Total Actual Rent 90960.00 Total Expenses 27024.00 Trash Expense 1908.00 Water Sewer Expense 1932.00 Zoning Hpr3yy

    Listing provided courtesy of Norie Rosen of Norie Rosen Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T08:29:09.797. 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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