1552 Hi Point Street

    Los Angeles (City), CA 90035
    • $3,400,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 19421362
    UPDATED: 56 min ago
    $3,400,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,782
      SQFT
    • $501
      $/SQFT
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Ratings & Info

    Description

    We proudly present 1552 Hi Point St. This value add opportunity will be delivered 100% VACANT and allows for investors to renovate ALL units to their specifications and capture premium market rent.Nestled on a quiet, residential street of in the heart of Fairest Heights, tenants will enjoy being minutes from Beverly Hills and Miracle Mile.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T12:36:35.593. 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/90722837

    1552 Hi Point Street Los Angeles (City), CA 90035

    • Price: $3,400,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 19421362
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    6,782
    SQFT
    $501
    $/SQFT
    1967
    Built
    Neighborhood:
    C09 - Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    C09 - Beverlywood Vicinity
    Property Description
    We proudly present 1552 Hi Point St. This value add opportunity will be delivered 100% VACANT and allows for investors to renovate ALL units to their specifications and capture premium market rent.Nestled on a quiet, residential street of in the heart of Fairest Heights, tenants will enjoy being minutes from Beverly Hills and Miracle Mile.
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Laundry Features See Remarks

    Property Features

    Cap Rate 544.00 Gross Multiplier 12.71 Gross Operating Income 259572.00 Improvements Amount 256783 Land Value 60892 Laundry YN Yes Net Operating Income 185061.00 Special Listing Conditions Standard Total Expenses 74511.00 Zoning Lar3

    Listing provided courtesy of Zachary Freehling of Coldwell Banker Residential Br


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T12:36:35.593. 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