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427 N Kingsley Drive , #5

Los Angeles (City), CA 90004
  • $1,390,000
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • ID#: SR22070083
Under Contract
UPDATED: 24 min ago
$1,390,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

Listing Agent(s): Soraya Esmaili of Keller Williams Realty Westside (310-482-2500)


Description

Koreatown incredible Value Add five (5) unit Apartment Building with an excellent unit mix consisting of 1 1Bed/1Bath, 2 2 Bed/1 Bath, 1 3Bed/1Bath and 1 5Bed/2 Bath All tenants are current with the rent. Each tenant pays its own separately metered electricity an owner pays water. Owner has taken great care of the property and maintains a pride of ownership in keeping in good condition. The property is in a great location. Don't miss this chance for an excellent value-add investment opportunity on a property with a great unit mix!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. 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/127497893
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427 N Kingsley Drive , #5 Los Angeles (City), CA 90004

  • Price: $1,390,000
  • Status: Active Under Contract
  • On Site: 45 Days
  • Updated: 24 min ago
  • ID#: SR22070083
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1970
Built
Neighborhood:
KREA - Koreatown
County:
Los Angeles
Area:
KREA - Koreatown
Property Description
Koreatown incredible Value Add five (5) unit Apartment Building with an excellent unit mix consisting of 1 1Bed/1Bath, 2 2 Bed/1 Bath, 1 3Bed/1Bath and 1 5Bed/2 Bath All tenants are current with the rent. Each tenant pays its own separately metered electricity an owner pays water. Owner has taken great care of the property and maintains a pride of ownership in keeping in good condition. The property is in a great location. Don't miss this chance for an excellent value-add investment opportunity on a property with a great unit mix!
Exterior Features

Entry Level 1 Entry Location Street Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Open Parking Spaces 5 Parking Features None Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street Lights Contingency None Garage YN No Gross Income 77976 Gross Scheduled Income 77976 Insurance Expense 2200 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional Net Operating Income 52276 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 0 Operating Expense 25700 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 4488 Water Sewer Expense 5370 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. 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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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Soraya Esmaili of Keller Williams Realty Westside (310-482-2500)