REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,200,000
Est. payment /mo
6,002 Sqft Lot
UPDATED:
10/17/2024 01:32 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24177425
HOA Y/N No
Year Built 1924
Lot Size 6,002 Sqft
Property Description
Fully renovated 4 unit in heart location in Mind Wilshire, Los Angeles ! Newer double pain windows, newer sewer line , all units comes with 2 bed 1 full bath room , fully remodeled kitchen , flooring, mini split units for Ac and heating, upgraded electrical panel for all 4 units, 4 saparate gas meters, each units come with the own laundry (owner owns washer and dryers) , pleanty of parking spots.
Each unit can be rented at $3,250 - $3,350
Upstairs unit has a balcony , downstair unit has 2 separate access (Facing to street and from the back parking lot)
Super low Expense :
Insurance $3, 216 (per yr) + Trash $3,180 ($265 per month) + water $2,600 ($445 every 2 month) + Gardening $1,560 ( $130 per month) + no management cost =
$10,556 per yr
Property Tax $23,183.56
Total Expense : $33,739.56 (Approx 22% of GSI)
GSI : $12,700 Rent per month $152,400
NOI : $118,660.44
Please request your OM today and check video link ->> https://vimeo.com/1000595132
Each unit can be rented at $3,250 - $3,350
Upstairs unit has a balcony , downstair unit has 2 separate access (Facing to street and from the back parking lot)
Super low Expense :
Insurance $3, 216 (per yr) + Trash $3,180 ($265 per month) + water $2,600 ($445 every 2 month) + Gardening $1,560 ( $130 per month) + no management cost =
$10,556 per yr
Property Tax $23,183.56
Total Expense : $33,739.56 (Approx 22% of GSI)
GSI : $12,700 Rent per month $152,400
NOI : $118,660.44
Please request your OM today and check video link ->> https://vimeo.com/1000595132
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Fireplace No
Laundry Inside
Exterior
Garage Assigned
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5084026017
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Read Less Info
Listed by Tae Woo Kim • Circa Properties, Inc. • 213-268-4384