1258 4TH Avenue

    Los Angeles (City), CA 90019
    • $2,250,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 19463266
    UPDATED: 33 min ago
    $2,250,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,407
      SQFT
    • $351
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Ratings & Info

    Description

    Excellent investment opportunity in a great location.This 4-unit income property is situated perfectly in LA,only minutes away from Koreatown.Downtown LA,greate restaurants,entertainment,and shopping centers.Various upsides include plentiful parking and laundry in each unit.Additionally, the quiet neighborhood serves as a bonus along with the prime location.Also,the building size is big so there is potential for increase in income.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-19T08:29:52.63. 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/94476017

    1258 4TH Avenue Los Angeles (City), CA 90019

    • Price: $2,250,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 19463266
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    6,407
    SQFT
    $351
    $/SQFT
    1916
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    Excellent investment opportunity in a great location.This 4-unit income property is situated perfectly in LA,only minutes away from Koreatown.Downtown LA,greate restaurants,entertainment,and shopping centers.Various upsides include plentiful parking and laundry in each unit.Additionally, the quiet neighborhood serves as a bonus along with the prime location.Also,the building size is big so there is potential for increase in income.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 18.00 Gross Operating Income 121638.00 Improvements Amount 181185 Land Value 77637 Laundry YN Yes Net Operating Income 89138.00 Special Listing Conditions Standard Total Expenses 32500.00 Zoning Lard1.5

    Listing provided courtesy of Jennifer Oh of New Star Realty and Jenny Nam of New Star Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-19T08:29:52.63. 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 | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024