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    9301 S Western Avenue

    Los Angeles (City), CA 90047
    • $785,000
    • STATUS: Closed
    • ON SITE: 143 days
    • ID#: 20603290
    Sold - 11/24/2020
    $785,000
    SOLD - 11/24/2020
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1943
    County:

    School Ratings & Info

    Description

    MOTIVATED SELLER, PRICE REDUCED!! We are pleased to present the opportunity to acquire 9301 South Western Avenue, a four-unit apartment complex in Los Angeles. The property sits on a 5,702 square foot parcel with 2,560 square feet of rentable space. Built in 1943, 9301 S. Western Ave. is comprised of individual bungalow style units consisting of (4) Two Bedroom/One Bathroom units. The gas and electricity are both individually metered. The building offers tenants with (4) parking spaces and qualifies for favorable residential financing. With over 29% of upside in rents, this property provides an astute investor a unique value-add opportunity.

    Sold by Boris Almengor of Mvip.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-04T00:29:05.393. 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/107805469
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    9301 S Western Avenue Los Angeles (City), CA 90047

    • Price: $750,000
    • Status: Closed
    • Updated: 130 min ago
    • ID#: 20603290
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1943
    Built
    Neighborhood:
    C36 - Metropolitan Southwest
    County:
    Los Angeles
    Area:
    C36 - Metropolitan Southwest
    Property Description
    MOTIVATED SELLER, PRICE REDUCED!! We are pleased to present the opportunity to acquire 9301 South Western Avenue, a four-unit apartment complex in Los Angeles. The property sits on a 5,702 square foot parcel with 2,560 square feet of rentable space. Built in 1943, 9301 S. Western Ave. is comprised of individual bungalow style units consisting of (4) Two Bedroom/One Bathroom units. The gas and electricity are both individually metered. The building offers tenants with (4) parking spaces and qualifies for favorable residential financing. With over 29% of upside in rents, this property provides an astute investor a unique value-add opportunity.
    Exterior Features

    Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Property Features

    Country Us Gross Income 66852.00 Gross Multiplier 11.22 Gross Operating Income 64846.00 Net Operating Income 46540.00 Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays GasElectricity Total Expenses 18306.00 Zoning Lard1.5

    Listing provided courtesy of Sevak Keshishian of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-04T00:29:05.393. 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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