1657 W 12th Place

    Los Angeles (City), CA 90015
    • $1,850,000
    • STATUS: Active
    • ON SITE: 122 days
    • ID#: SR18252758
    UPDATED: 24 min ago
    $1,850,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,720
      SQFT
    • $392
      $/SQFT
    Neighborhood:
    C42 - Downtown L.A.
    Type:
    Multi-Family
    Built:
    1914
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.

    School Ratings & Info

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    Description

    Attention Developers, Investors and 1031 Exchangers. Great Value Opportunity in one of the strongest Metropolitan areas in the United States. Perfectly located at the highly desirable Pico-Union/Korea Town neighborhood. Check with the City your project for expansion, addition or remodeling of this Four Units Residential Income Property. Close to Los Angeles Convention Center, Staples Center, employment, education, transportation, services, entertainment, etc. Easy access to the 10 freeway and the 110 freeway. Super high demand rental area ready for new tenants at current rents. Balcony on the second floor units. Very stable income opportunity, low operating cost and solid equity growth. Great opportunity for Investors, Developers or New Owners to live in. Opportunity like this will not wait forever send your Highest and Best offer. Please do not trespass on the property and do not contact tenant for any reason. Please contact the Listing Agent with any questions.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-17T18:30:02.89. 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/88635828

    1657 W 12th Place Los Angeles (City), CA 90015

    • Price: $1,850,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: SR18252758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,720
    SQFT
    $392
    $/SQFT
    1914
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Attention Developers, Investors and 1031 Exchangers. Great Value Opportunity in one of the strongest Metropolitan areas in the United States. Perfectly located at the highly desirable Pico-Union/Korea Town neighborhood. Check with the City your project for expansion, addition or remodeling of this Four Units Residential Income Property. Close to Los Angeles Convention Center, Staples Center, employment, education, transportation, services, entertainment, etc. Easy access to the 10 freeway and the 110 freeway. Super high demand rental area ready for new tenants at current rents. Balcony on the second floor units. Very stable income opportunity, low operating cost and solid equity growth. Great opportunity for Investors, Developers or New Owners to live in. Opportunity like this will not wait forever send your Highest and Best offer. Please do not trespass on the property and do not contact tenant for any reason. Please contact the Listing Agent with any questions.
    Exterior Features

    Architectural Style Spanish Construction Materials Stucco Direction Faces West Entry Level 1 Entry Location Front Exterior Features Rain Gutters Fence YN Yes Fencing Wrought Iron Foundation Details Slab Garage Spaces 0.00 Lot Features 0-1 Unit/AcreNear Public TransitYard Lot Size Units Square Feet Parking Features Street Parking Total 0.00 Parking YN No Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas StoveWater Heater Unit Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 1010 Average1 Bed Area Units Square Feet Average2 Bed Area 1350 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling EvaporativeElectric Cooling YN Yes Door Features Service Entrance Fireplace Features Living Room Fireplace YN Yes Flooring TileWood Heating Central Furnace Heating YN Yes Interior Features Balcony Laundry Features Gas & Electric Dryer HookupIndividual RoomInsideWasher Hookup Levels Two Room Type All Bedrooms DownBonus RoomLaundryLiving RoomUtility RoomWalk-In Closet Window Features ScreensWood Frame Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features GuttersSidewalksStorm DrainsStreet LightingUrban Country Us Electric 220V Throughout Elevation Units Feet Gross Income 0.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 0 Number Wall AC 4 Number With Carpet 0 Number With Dishwasher 0 Number With Disposal 0 Number With Drapes 4 Number With Patio 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 0.00 Property Condition Repairs Cosmetic Property Sub Type Quadruplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke DetectorWindow Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Walk Score 89 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Andres Hoyos of Sync Brokerage, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-17T18:30:02.89. 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