927 E 20TH Street

    Los Angeles (City), CA 90011
    • $769,000
    • STATUS: Active
    • ON SITE: 123 days
    • ID#: 19467676
    UPDATED: 47 min ago
    $769,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,954
      SQFT
    • $260
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Beautifully well maintained triplex for owner user or any investor for steady cash flow. This unit is located in Opportunity Zone which eliminates capital gains if hold for 10+ yrs. and can be delivered vacant. The downstairs unit has 3 beds and 2 bath with a living room and a similar size upstairs unit has 2 bedroom and updated 2 bath with living room and formal dining room. Hardwood floor throughout, new exterior paint and new roof. The back building has a bonus storage unit being rented for $350 per mt. Title shows 3 units, but the owner removed the wall to combined two small upstairs units into one large unit, which makes 2 physical units. Tenants pay for all utilities except water. Conveniently located to DTLA, the Colosseum, USC, Exposition Park, LAX, Fashion District, Staple Center & LA Conventional Center.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T08:39:24.233. 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 or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/94925476

    927 E 20TH Street Los Angeles (City), CA 90011

    • Price: $769,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 19467676
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,954
    SQFT
    $260
    $/SQFT
    1948
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Beautifully well maintained triplex for owner user or any investor for steady cash flow. This unit is located in Opportunity Zone which eliminates capital gains if hold for 10+ yrs. and can be delivered vacant. The downstairs unit has 3 beds and 2 bath with a living room and a similar size upstairs unit has 2 bedroom and updated 2 bath with living room and formal dining room. Hardwood floor throughout, new exterior paint and new roof. The back building has a bonus storage unit being rented for $350 per mt. Title shows 3 units, but the owner removed the wall to combined two small upstairs units into one large unit, which makes 2 physical units. Tenants pay for all utilities except water. Conveniently located to DTLA, the Colosseum, USC, Exposition Park, LAX, Fashion District, Staple Center & LA Conventional Center.
    Exterior Features

    Lot Size Units Square Feet Parking Features ConcreteOther Parking YN Yes

    Interior Features

    Cooling Central Air Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 6.22 Gross Multiplier 11.86 Gross Operating Income 60528.00 Improvements Amount 63395 Land Value 142660 Laundry YN Yes Net Operating Income 46004.00 Special Listing Conditions Standard Total Expenses 14524.00 Zoning Lard2

    Listing provided courtesy of Young Arthur Yoon of Redpoint Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T08:39:24.233. 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 or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024