1212 E 54th Street

    Los Angeles (City), CA 90011
    • $585,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: IN19104659
    UPDATED: 53 min ago
    $585,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,496
      SQFT
    • $234
      $/SQFT
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Remodeled Duplex consisting of two large 3 bedroom / 1 bath units with detached garage! Separately metered for gas and electric. Tenants pay for all utilities except water. This property is gated for privacy and is priced to sell! Conveniently located close to schools, USC, Banc of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to permits, bed/bath count, square footage, legality, etc.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T19:36:45.46. 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/94472118

    1212 E 54th Street Los Angeles (City), CA 90011

    • Price: $585,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: IN19104659
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,496
    SQFT
    $234
    $/SQFT
    1928
    Built
    Neighborhood:
    C36 - Metropolitan Southwest
    County:
    Los Angeles
    Area:
    C36 - Metropolitan Southwest
    Property Description
    Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Remodeled Duplex consisting of two large 3 bedroom / 1 bath units with detached garage! Separately metered for gas and electric. Tenants pay for all utilities except water. This property is gated for privacy and is priced to sell! Conveniently located close to schools, USC, Banc of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to permits, bed/bath count, square footage, legality, etc.
    Exterior Features

    Exterior Features Lighting Fence YN Yes Fencing Wrought Iron Garage Spaces 2.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features GarageGatedOff StreetParking Space Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved

    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 1 Common Wall Fireplace Features None Fireplace YN No Flooring CarpetTile Laundry Features See Remarks

    Property Features

    Accessibility Features 2+ Access Exits Additional Parcels YN No Building Area Units Square Feet Cap Rate 6.00 Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 41880.00 Gross Scheduled Income 41880.00 Insurance Expense 692.00 Land Lease YN No Laundry YN Yes Net Operating Income 34676.00 New Construction YN No New Taxes Expense 5312.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 7204.00 Property Sub Type Duplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3490.00 Total Expenses 7204.00 Trash Expense 0.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Public Records Zoning Lar2

    Listing provided courtesy of Bryan Castillo of Castillo Realty Group, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T19:36:45.46. 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.
     
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