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    2440 Wabash Avenue , #5

    Los Angeles (City), CA 90033
    • $895,000
    • STATUS: Pending
    • ON SITE: 251 days
    • ID#: PW20054541
    Pending
    UPDATED: 10 min ago
    $895,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,756
      SQFT
    • $325
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Attention Investors: 5-unit apartment building in Boyle Heights. Near USC Medical Campus and the new USC hotel.The property is situated on top of a hill so terrific spot for future development to take advantage ofgreat views. Easy to manage property: 2- stand alone houses (3 BD/2 BA & 2/1 BA) with 3 other units on property. Front house built in 1938, Back House built in the 60's (per previous owner).Easy to maintain with low maintenance. Work done in recent years include 2 water heaters replaced (good quality); sewer repaired in 2 key areas; water main repaired. Tenants pay for electricity, gas and trash. Owner Pays for water and sewage.Bring all offers!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T21:28:45.003. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/104230839
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    2440 Wabash Avenue , #5 Los Angeles (City), CA 90033

    • Price: $895,000
    • Status: Pending
    • Updated: 10 min ago
    • ID#: PW20054541
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,756
    SQFT
    $325
    $/SQFT
    1963
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    Attention Investors: 5-unit apartment building in Boyle Heights. Near USC Medical Campus and the new USC hotel.The property is situated on top of a hill so terrific spot for future development to take advantage ofgreat views. Easy to manage property: 2- stand alone houses (3 BD/2 BA & 2/1 BA) with 3 other units on property. Front house built in 1938, Back House built in the 60's (per previous owner).Easy to maintain with low maintenance. Work done in recent years include 2 water heaters replaced (good quality); sewer repaired in 2 key areas; water main repaired. Tenants pay for electricity, gas and trash. Owner Pays for water and sewage.Bring all offers!!
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/AcreBluff Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    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 2+ Common WallsNo One AboveNo One Below Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 6.40 Community Features Urban Country Us Elevation Units Feet Gross Income 71280.00 Gross Scheduled Income 71280.00 Insurance Expense 0.00 Land Lease YN No Laundry YN No Net Operating Income 64080.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 0 Number Of Units Leased 5 Operating Expense 7200.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephoneTrash Collection Total Actual Rent 5940.00 Total Expenses 0.00 Trash Expense 0.00 Walk Score 71 Water Sewer Expense 0.00 Water Source Public Year Built Source Estimated Zoning Lar3

    Listing provided courtesy of Nick Layana of Family Discount Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T21:28:45.003. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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