Skip To Content

    Address Not Available By Request

    Los Angeles (City), CA 90037
    • $900,000
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: 21692972
    $900,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,848
      SQFT
    • $487
      $/SQFT
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own three units in the heart of South LA. Located near Vermont and Vernon, these units are just south of USC, the Coliseum, Exposition Park, Banc of California Stadium and numerous other job centers. The property is made up of three 2 bedroom units producing close to $6,000 per month. One apartment may be delivered vacant. Located in the City of Los Angeles, these units are subject to local rent control ordinance. Built in 1908, the complex contains approximately 1,848 square feet and is situated on a 6,770 square foot, RD1.5 lot. There are separate meters for gas and electric lowering the operating costs for the prospective new owner. Please do not walk on the property or disturb tenants in any way. All offers to be made subject to inspection.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T00:36:16.78. 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 The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
    www.thealvaradobrothers.com/homes/114224116
    Print Image

    Address Not Available By Request Los Angeles (City), CA 90037

    • Price: $900,000
    • Status: Active
    • ID#: 21692972
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,848
    SQFT
    $487
    $/SQFT
    1908
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Excellent opportunity to own three units in the heart of South LA. Located near Vermont and Vernon, these units are just south of USC, the Coliseum, Exposition Park, Banc of California Stadium and numerous other job centers. The property is made up of three 2 bedroom units producing close to $6,000 per month. One apartment may be delivered vacant. Located in the City of Los Angeles, these units are subject to local rent control ordinance. Built in 1908, the complex contains approximately 1,848 square feet and is situated on a 6,770 square foot, RD1.5 lot. There are separate meters for gas and electric lowering the operating costs for the prospective new owner. Please do not walk on the property or disturb tenants in any way. All offers to be made subject to inspection.
    Exterior Features

    Architectural Style Craftsman Direction Faces South Parking Features Uncovered View None View YN No

    Interior Features

    Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Buyer Financing CashConventional Gross Income 71172 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 49821 Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 5931 Vacancy Allowance Rate 0 Zoning Lard2

    Listing provided courtesy of Jerome Mcalpin of Mcalpin & Company


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T00:36:16.78. 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 The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365189003-1.jpg
    Logo
    The Alvarado Brothers | Ever Stewart Alvarado Broker
    1800 N Bristol St, Suite C135
    Santa Ana CA, 92706