1465 W 25TH Street

    Los Angeles (City), CA 90007
    • $1,625,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 19467416
    Price Reduced
    UPDATED: 14 min ago
    $1,625,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,386
      SQFT
    • $302
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    I am pleased to present for sale a seven unit apart-ment community situated in the University Park submarket. Conveniently located north of Adams Boulevard and just west of Vermont Avenue, the property is walking distance to the University of Southern California campus and The USC Village. The subject property features a highly desirable mix of three one-bedroom/one-bath units, three two-bedroom/one-bath units and one three-bed-room/two-bath unit. The property has on-site parking with a total of nine spaces and is individ-ually metered for gas and electric. The property is constructed of wood frame and stucco and is situated on a 6,750 square foot parcel. Due to its 1964 construction, the property is subject to Los Angeles rent control statutes.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-19T09:31:44.833. 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/94929341

    1465 W 25TH Street Los Angeles (City), CA 90007

    • Price: $1,625,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 19467416
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,386
    SQFT
    $302
    $/SQFT
    1964
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    I am pleased to present for sale a seven unit apart-ment community situated in the University Park submarket. Conveniently located north of Adams Boulevard and just west of Vermont Avenue, the property is walking distance to the University of Southern California campus and The USC Village. The subject property features a highly desirable mix of three one-bedroom/one-bath units, three two-bedroom/one-bath units and one three-bed-room/two-bath unit. The property has on-site parking with a total of nine spaces and is individ-ually metered for gas and electric. The property is constructed of wood frame and stucco and is situated on a 6,750 square foot parcel. Due to its 1964 construction, the property is subject to Los Angeles rent control statutes.
    Exterior Features

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

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.50 Gross Multiplier 13.26 Gross Operating Income 122896.00 Improvements Amount 333540 Land Value 778260 Laundry YN Yes Net Operating Income 73186.00 Special Listing Conditions Standard Total Expenses 46033.00 Zoning Lar2

    Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-19T09:31:44.833. 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