333 E 80th Street

    Los Angeles (City), CA 90003
    • $1,875,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: TR18285227
    UPDATED: 121 min ago
    $1,875,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,937
      SQFT
    • $236
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Great Cash flow on this 9 Unit Garden style Apartment Building with a great unit mix consisting of 6-2bed/1bath, 2-1bed/1bath, and1-3bed/1 +-+ bath. Property has tuck under parking and is listed under soft story retrofit. Note: Owner has already begun correction process & permits pulled with work to be started Jan 2019. Very Strong rental Market!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T00:31:27.547. 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/89883184

    333 E 80th Street Los Angeles (City), CA 90003

    • Price: $1,875,000
    • Status: Active
    • Updated: 121 min ago
    • ID#: TR18285227
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    7,937
    SQFT
    $236
    $/SQFT
    1964
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    Great Cash flow on this 9 Unit Garden style Apartment Building with a great unit mix consisting of 6-2bed/1bath, 2-1bed/1bath, and1-3bed/1 +-+ bath. Property has tuck under parking and is listed under soft story retrofit. Note: Owner has already begun correction process & permits pulled with work to be started Jan 2019. Very Strong rental Market!
    Exterior Features

    Carport Spaces 10.00 Garage Spaces 0.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN No

    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 No Common Walls Cooling Wall Window Cooling YN Yes Heating Wall Heater Heating YN Yes Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.20 Community Features Street Lighting Country Us Electric Expense 3900.00 Elevation Units Feet Fuel Expense 2778.00 Gardener Expense 600.00 Gross Income 146316.00 Gross Multiplier 12.95 Gross Operating Income 141971.00 Gross Scheduled Income 144816.00 Have Assumable Rate Of 3.95% Insurance Expense 2573.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 1500.00 Laundry YN Yes Net Operating Income 96590.00 New Construction YN No New Taxes Expense 23438.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Operating Expense 45382.00 Operating Expense Percent 31.00 Pest Control Expense 600.00 Present Loans 982123 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 5229.75 Tax Rate 1.25 Tax Year 2018 Total Expenses 45382.00 Trash Expense 4018.00 Vacancy Allowance 4344 Vacancy Allowance Rate 3.00 Water Sewer Expense 4100.00 Water Source Public Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Sophia De La Vara of Coldwell Banker Alliance and Leonard Manriquez of Alb Commercial Capital


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T00:31:27.547. 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