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130 W 85th Street

Los Angeles (City), CA 90003
  • $1,200,000
  • STATUS: Coming Soon
  • ON SITE: 11 days
  • ON MARKET: 06/19/2021
  • ID#: CV21121644
Coming Soon
UPDATED: 137 min ago
$1,200,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

FHA OFFERS WELCOME!!!! GREAT INVESTMENT PROPERTY IN THE BEST AREA OF SOUTH CENTRAL....3 UNITS! CONVENTIONAL & CASH OFFERS WELCOME. TITLE SHOWS PROPERTY AS A 4 BED/3 BA. HOWEVER, PROPERTY SHOWS AS A 1 BED/1 BA., 1 BED/ 1BA. W/ A BONUS ROOM, AND A 2 BED/1 BA. W/ BONUS ROOM. BUYER TO CONDUCT THEIR OWN INVESTIGATION TO SATISFY THEMSELVES. PROPERTY HAS PASSED CITY INSPECTIONS. ONE UNIT TO POSSIBLY BE DELIVERED VACANT WITH ATTRACTIVE OFFER. AMAZING INCOME PROPERTY FOR ALL INVESTORS.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-17T11:10:20.473. 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 Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.
www.laffinsrealestate.com/homes/117956764
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130 W 85th Street Los Angeles (City), CA 90003

  • Price: $1,200,000
  • Status: Coming Soon
  • Updated: 137 min ago
  • ID#: CV21121644
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1923
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
FHA OFFERS WELCOME!!!! GREAT INVESTMENT PROPERTY IN THE BEST AREA OF SOUTH CENTRAL....3 UNITS! CONVENTIONAL & CASH OFFERS WELCOME. TITLE SHOWS PROPERTY AS A 4 BED/3 BA. HOWEVER, PROPERTY SHOWS AS A 1 BED/1 BA., 1 BED/ 1BA. W/ A BONUS ROOM, AND A 2 BED/1 BA. W/ BONUS ROOM. BUYER TO CONDUCT THEIR OWN INVESTIGATION TO SATISFY THEMSELVES. PROPERTY HAS PASSED CITY INSPECTIONS. ONE UNIT TO POSSIBLY BE DELIVERED VACANT WITH ATTRACTIVE OFFER. AMAZING INCOME PROPERTY FOR ALL INVESTORS.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features Assigned Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances Gas Oven Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.6 Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalksUrban Contingency Contingent Upon 1031 Exchange. Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 70800 Gross Scheduled Income 70800 Insurance Expense 1560 Laundry Features In Garage Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventionalCal Vet Loan1031 ExchangeFha 203(B)Fha 203(K)FhaFannie MaeSubmitVa Loan Net Operating Income 59700 New Construction YN No New Taxes Expense 16200 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 11100 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 300 Utilities Sewer Connected Water Sewer Expense 6000 Water Source Public Zoning Lac2

Listing provided courtesy of Cesar Gonzalez of Homequest Real Estate


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-17T11:10:20.473. 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 Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.
 
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Remax of Chico - The Laffins Real Estate Team
1834 Mangrove Ave
Chico CA, 95926