1054 W 45th Street

    Los Angeles (City), CA 90037
    • $1,150,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: PW18267558
    UPDATED: 18 min ago
    $1,150,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,617
      SQFT
    • $318
      $/SQFT
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Opportunity knocking. Live in one and rent the other two units. Rare large triplex is minutes to USC, the Coliseum, Expo Park, Science Center, Natural History Museum, the new Banc of California Stadium(Home to the LAFC) as well as the under construction $1 Billion George Lucas Museum of Narrative Art and much more. The front house was recently undergone an extensive renovation by ownership, new landscaping. Because of the upgrades, the property is generating a strong cash flow. There are two separate structures; the detached front unit is 6 bedrooms, 3 bathrooms and the two-story structure is made up of two separate units with 2 bedrooms and 1 bathroom each. Live in one and rent the others. High demand area. Owners and tenants can benefit from recent capital improvements in the surrounding area. Please do not disturb tenants & do not walk the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-17T19:29:36.077. 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. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/89239244

    1054 W 45th Street Los Angeles (City), CA 90037

    • Price: $1,150,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: PW18267558
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,617
    SQFT
    $318
    $/SQFT
    1925
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Opportunity knocking. Live in one and rent the other two units. Rare large triplex is minutes to USC, the Coliseum, Expo Park, Science Center, Natural History Museum, the new Banc of California Stadium(Home to the LAFC) as well as the under construction $1 Billion George Lucas Museum of Narrative Art and much more. The front house was recently undergone an extensive renovation by ownership, new landscaping. Because of the upgrades, the property is generating a strong cash flow. There are two separate structures; the detached front unit is 6 bedrooms, 3 bathrooms and the two-story structure is made up of two separate units with 2 bedrooms and 1 bathroom each. Live in one and rent the others. High demand area. Owners and tenants can benefit from recent capital improvements in the surrounding area. Please do not disturb tenants & do not walk the property.
    Exterior Features

    Garage Spaces 3.00 Lot Features Back YardCorner LotFront YardGardenLandscapedLawn Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportCarport DetachedDrivewayDriveway - ConcreteGarage - Three Door Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Gas & Electric Dryer HookupInside Levels Two Room Type Main Floor Master Bedroom

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.30 Community Features CurbsSidewalksStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 84900.00 Gross Multiplier 14.10 Gross Scheduled Income 84900.00 Insurance Expense 1800.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2000.00 Net Operating Income 64202.00 New Construction YN No New Taxes Expense 15000.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 22000.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 22000.00 Trash Expense 1500.00 Utilities Cable Available Vacancy Allowance 1698 Vacancy Allowance Rate 2.00 Water Sewer Expense 1600.00 Water Source Public Year Built Source Assessor Zoning Lar1

    Listing provided courtesy of Kiri Suykry of Keller Williams Pacific Estate and Rekha Shah of Keller Williams Pacific Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-17T19:29:36.077. 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. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024