6321 Templeton Street

    Huntington Park, CA 90255
    • $1,550,000
    • STATUS: Active Under Contract
    • ON SITE: 107 days
    • ID#: 19483488
    Under Contract
    UPDATED: 30 min ago
    $1,550,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,548
      SQFT
    • $341
      $/SQFT

    School Ratings & Info

    Description

    GREAT OPPORTUNITY FOR INVESTORS LOOKING FOR 1031 EXCHANGE. ALSO, PLS SEE 6043 STAFFORD AVE 8 UNITS FOR $1.750M MLS#19-483366. NOT UNDER RENT CONTROL RESTRICTIONS. GOOD UP-SIDE POTENTIAL FOR CASH FLOW & EQUITY. CURRENT RENTS ARE WAY UNDER MRKT COMPARED TO OTHER RENTALS FOR 1 & 2 BDRMS IN THE AREA. WELL-MNTND 7 UNIT 2 STORY APT BLDG IN PRIME HP LOC. FIRST TIME ON MRKT SINCE 1975. WITHIN MIN WLKG DIST TO MAIN DWNTWN EXCITEMENTS, SHPG CTRS, REST, RETAIL SHOPS, ETC.. ALONG PACIFIC BLVD. FRNT UNIT W/FP 2+1.75 PLUS ATT GAR + 4 CAR ENCL GAR IN BACK WITH ALLEY ENTR. FULLY OCCUPIED. EXTRA INC$$ FOR LEASED LNDRY MACH. MINUTES DRV TO PRVT & PUBLIC SCHOOLS, USC, MOUNT ST MARY'S, LA TRADE TECH. EZ ACCESS TO PUB TRANS; BUSES, SUBWAY TRANSIT, COMMUTER RAIL STNS, REC PARKS. FAMILY ORIENTED NBRHD. PLS DO NOT DISTURB TENANTS. DRIVE BY ONLY DO NOT WALK AROUND INSIDE THE BLDG. NO TERMITE REP & COMPLETION. SLR SELECTS SERVICES SOLD IN "AS IS" COND. NO FOR SALE SIGN ON PROP. APPRX 5 MILES FR DTLA

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    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/96412465

    6321 Templeton Street Huntington Park, CA 90255

    • Price: $1,550,000
    • Status: Active Under Contract
    • Updated: 30 min ago
    • ID#: 19483488
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,548
    SQFT
    $341
    $/SQFT
    1952
    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 6043 STAFFORD AVE 8 UNITS FOR $1.750M MLS#19-483366. NOT UNDER RENT CONTROL RESTRICTIONS. GOOD UP-SIDE POTENTIAL FOR CASH FLOW & EQUITY. CURRENT RENTS ARE WAY UNDER MRKT COMPARED TO OTHER RENTALS FOR 1 & 2 BDRMS IN THE AREA. WELL-MNTND 7 UNIT 2 STORY APT BLDG IN PRIME HP LOC. FIRST TIME ON MRKT SINCE 1975. WITHIN MIN WLKG DIST TO MAIN DWNTWN EXCITEMENTS, SHPG CTRS, REST, RETAIL SHOPS, ETC.. ALONG PACIFIC BLVD. FRNT UNIT W/FP 2+1.75 PLUS ATT GAR + 4 CAR ENCL GAR IN BACK WITH ALLEY ENTR. FULLY OCCUPIED. EXTRA INC$$ FOR LEASED LNDRY MACH. MINUTES DRV TO PRVT & PUBLIC SCHOOLS, USC, MOUNT ST MARY'S, LA TRADE TECH. EZ ACCESS TO PUB TRANS; BUSES, SUBWAY TRANSIT, COMMUTER RAIL STNS, REC PARKS. FAMILY ORIENTED NBRHD. PLS DO NOT DISTURB TENANTS. DRIVE BY ONLY DO NOT WALK AROUND INSIDE THE BLDG. NO TERMITE REP & COMPLETION. SLR SELECTS SERVICES SOLD IN "AS IS" COND. NO FOR SALE SIGN ON PROP. APPRX 5 MILES FR DTLA
    Exterior Features

    Garage Spaces 5.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features StreetAssigned Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No View None View YN No

    Interior Features

    Appliances Gas Water Heater Appliances YN Yes Common Walls No Common Walls Laundry Features Dryer IncludedSee RemarksOutsideCommunityWasher IncludedIndividual Room

    Property Features

    Cap Rate 4.50 Electric Expense 156.00 Fuel Expense 240.00 Garage Income 0.00 Gross Multiplier 17.38 Gross Operating Income 89160.00 Gross Scheduled Income 89160.00 Improvements Amount 100953 Insurance Expense 1452.00 Land Value 31240 Laundry YN Yes Licenses Expense 96.00 Maintenance Expense 6000.00 Net Operating Income 69024.00 Pool Expense 0.00 Professional Management Expense 4452.00 Special Listing Conditions Standard Tenant Pays ElectricityCable TvGas Total Actual Rent 89160.00 Total Expenses 20136.00 Trash Expense 1632.00 Water Sewer Expense 1380.00 Zoning Hpr4*

    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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