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6806 S Van Ness Avenue

Los Angeles (City), CA 90047
  • $1,050,000
  • STATUS: Active
  • ON SITE: 86 Days
  • ID#: DW22037412
UPDATED: 13 min ago
$1,050,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Listing Agent(s): Mark Velasco of West Shores Realty, Inc. (310-541-8000)


Description

Huge Price Reduction!! REMODELED CASH COW!!! $79,200 Gross Rents, ($64,096 NOI) and 5.83 CAP!! HIGH RENTAL DEMAND AREA that has GREAT RENTAL PRICES!! Three units: (1) 3 Bed/1 Bath, (1) 2 Bed/1 Bath with a roof deck (DTLA views), (1) ADU (studio). Copper plumbing and new wiring. Property will be delivered completely VACANT (choose your own tenants). This home has been remodeled with exceptional amenities. Modern inspired designed inside and out. Situated in a highly desirable location in close proximity to Hyde Park and SoFi Stadium. The ground level features 3 bedrooms and 1 bathroom with gourmet kitchen including custom cabinetry, upgraded stainless steel appliances, and a spacious dining area. The second story holds 2 bedrooms and 1 bathroom with a separate entrance. Home has a new HVAC system and water heaters. The walk-through kitchen leads out to the back yard and a detached two-car garage with an amazing ADU conversion. Property is close to multiple freeways. Walk Score is 70 (Somewhat Walkable) & Transit Score is 53 (GOOD TRANSIT) This is a great investment ready for the right Buyer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. 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/126141868
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6806 S Van Ness Avenue Los Angeles (City), CA 90047

  • Price: $1,050,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 13 min ago
  • ID#: DW22037412
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1946
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
Huge Price Reduction!! REMODELED CASH COW!!! $79,200 Gross Rents, ($64,096 NOI) and 5.83 CAP!! HIGH RENTAL DEMAND AREA that has GREAT RENTAL PRICES!! Three units: (1) 3 Bed/1 Bath, (1) 2 Bed/1 Bath with a roof deck (DTLA views), (1) ADU (studio). Copper plumbing and new wiring. Property will be delivered completely VACANT (choose your own tenants). This home has been remodeled with exceptional amenities. Modern inspired designed inside and out. Situated in a highly desirable location in close proximity to Hyde Park and SoFi Stadium. The ground level features 3 bedrooms and 1 bathroom with gourmet kitchen including custom cabinetry, upgraded stainless steel appliances, and a spacious dining area. The second story holds 2 bedrooms and 1 bathroom with a separate entrance. Home has a new HVAC system and water heaters. The walk-through kitchen leads out to the back yard and a detached two-car garage with an amazing ADU conversion. Property is close to multiple freeways. Walk Score is 70 (Somewhat Walkable) & Transit Score is 53 (GOOD TRANSIT) This is a great investment ready for the right Buyer.
Exterior Features

Construction Materials Copper Plumbing Lot Features Back YardFront Yard Number Of Separate Electric Meters 1 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes View City Lights View YN Yes

Interior Features

Appliances DishwasherGas OvenGas RangeMicrowaveRefrigerator Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features Outside Fireplace YN Yes Heating Central Heating YN Yes Interior Features Granite CountersBedroom On Main Level

Property Features

Additional Parcels YN No Cap Rate 5.66 Common Interest None Community Features Sidewalks Contingency Seller To Find A Suitable Replacement Property. He is Actively Looking And Putting in Strong Offers. Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 79200 Gross Scheduled Income 79200 Insurance Expense 3000 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventionalFha Net Operating Income 62216 New Construction YN No New Taxes Expense 12100 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 16984 Property Condition Updated/Remodeled Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 1584 Vacancy Allowance Rate 2 Water Sewer Expense 0 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T10:28:05.7. 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): Mark Velasco of West Shores Realty, Inc. (310-541-8000)