234 E 27TH Street

    Los Angeles (City), CA 90011
    • $574,990
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 18391228
    UPDATED: 48 min ago
    $574,990
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,318
      SQFT
    • $248
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Attention FHA 203K Buyers. Perfect investment opportunity for developers, investors and builders! This is your chance to purchase an income property perfect for USC student housing or Airbnb/short-term rental since property is approximately less than a mile away from the University of Southern California (USC). Duplex features 2 bedrooms and 1 bathroom each. Both units have newer vinyl dual pane windows and ceramic flooring. Nice size bedrooms and kitchen. Spacious rear yard with a large avocado tree. Property sits on a 6251 sqft lot. Also in the vicinity are DTLA, LA Memorial Coliseum, LA FC Stadium, Staples Ctr and the $700 million dollar USC Village Development Project (Target, Trader Joe's, Starbucks, Bank of America along with other shops/restaurants). Walking distance to the Metro Line Station and easy access to freeways. Do not miss out on the great opportunity!!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T15:32:31.123. 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.impactca.com/homes/88027333

    234 E 27TH Street Los Angeles (City), CA 90011

    • Price: $574,990
    • Status: Active
    • Updated: 48 min ago
    • ID#: 18391228
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,318
    SQFT
    $248
    $/SQFT
    1920
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Attention FHA 203K Buyers. Perfect investment opportunity for developers, investors and builders! This is your chance to purchase an income property perfect for USC student housing or Airbnb/short-term rental since property is approximately less than a mile away from the University of Southern California (USC). Duplex features 2 bedrooms and 1 bathroom each. Both units have newer vinyl dual pane windows and ceramic flooring. Nice size bedrooms and kitchen. Spacious rear yard with a large avocado tree. Property sits on a 6251 sqft lot. Also in the vicinity are DTLA, LA Memorial Coliseum, LA FC Stadium, Staples Ctr and the $700 million dollar USC Village Development Project (Target, Trader Joe's, Starbucks, Bank of America along with other shops/restaurants). Walking distance to the Metro Line Station and easy access to freeways. Do not miss out on the great opportunity!!!
    Exterior Features

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

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features AreaSee Remarks

    Property Features

    Cap Rate 5.60 Gross Multiplier 12.92 Gross Operating Income 48000.00 Improvements Amount 210179 Land Lease YN No Land Value 222189 Laundry YN Yes Net Operating Income 37750.00 Special Listing Conditions Standard Total Expenses 13250.00 Zoning Lard1.5

    Listing provided courtesy of Walner H Hernandez of Re/Max Alliance Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T15:32:31.123. 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.
     
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