945 W 62ND Place

    Los Angeles (City), CA 90044
    • $1,399,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 18397590
    UPDATED: 59 min ago
    $1,399,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 512
      SQFT
    • $2,732
      $/SQFT
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Great opportunity to own this 8 unit investment property on a large lot. Property is located less than two miles from the proposed new development at Vermont ave and Manchester Ave. 5 units are 2 bedrooms, 1 bath and 3 units are 1 bedroom, 1 bath. large lot allows for plenty of parking for all tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T13:28:26.76. 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/88663667

    945 W 62ND Place Los Angeles (City), CA 90044

    • Price: $1,399,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 18397590
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    512
    SQFT
    $2,732
    $/SQFT
    1925
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Great opportunity to own this 8 unit investment property on a large lot. Property is located less than two miles from the proposed new development at Vermont ave and Manchester Ave. 5 units are 2 bedrooms, 1 bath and 3 units are 1 bedroom, 1 bath. large lot allows for plenty of parking for all tenants.
    Exterior Features

    Construction Materials Stucco Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Laundry Features None

    Property Features

    Gross Multiplier 11.60 Gross Operating Income 120000.00 Improvements Amount 153000 Insurance Expense 242.00 Land Value 765000 Laundry YN No Net Operating Income 64800.00 Special Listing Conditions Standard Tenant Pays ElectricityCable TvGasTrash Collection Total Expenses 55200.00 Water Sewer Expense 400.00 Zoning Lard2

    Listing provided courtesy of Nancy Rivelli of The Real Estate Consultants.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T13:28:26.76. 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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