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1853 W 48th Street

Los Angeles (City), CA 90062
  • $1,300,000
  • STATUS: Active Under Contract
  • ON SITE: 48 Days
  • ID#: CV22095793
Under Contract
UPDATED: 35 min ago
$1,300,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Listing Agent(s): Diana Serrano of Re/Max Time Realty (909-373-0880)


Description

ATTENTION ALL INVESTORS! Bring your best offer. CAP RATE : over 7% 4 Unit, Quadplex in the South West area of Los Angeles - with value add opportunity. Perfect for an investor looking to live in one and rent the rest, or keep them rented all out for substantial cash flow. Rent rolls available upon request, RENTS WERE RECENTLY INCREASED Property is fully upkept, all tenants paying, 2 UNITS, NOW VACANT, No major deficiencies, tile flooring throughout, up to 5 parking spaces available. Small separate unit in the back which can be used for storage. Property also has separate/ Laundry hook up unit in the back & Separate electric meters. Contact me for a private showing!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T23:31:44.09. 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/128665473
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1853 W 48th Street Los Angeles (City), CA 90062

  • Price: $1,300,000
  • Status: Active Under Contract
  • On Site: 48 Days
  • Updated: 35 min ago
  • ID#: CV22095793
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1965
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
ATTENTION ALL INVESTORS! Bring your best offer. CAP RATE : over 7% 4 Unit, Quadplex in the South West area of Los Angeles - with value add opportunity. Perfect for an investor looking to live in one and rent the rest, or keep them rented all out for substantial cash flow. Rent rolls available upon request, RENTS WERE RECENTLY INCREASED Property is fully upkept, all tenants paying, 2 UNITS, NOW VACANT, No major deficiencies, tile flooring throughout, up to 5 parking spaces available. Small separate unit in the back which can be used for storage. Property also has separate/ Laundry hook up unit in the back & Separate electric meters. Contact me for a private showing!
Exterior Features

Construction Materials Drywall Lot Features 2-5 Units/Acre Open Parking Spaces 5 Parking Total 5

Interior Features

Heating Energy Star Qualified Equipment Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 7.2 Common Interest None Gross Scheduled Income 94200 Laundry Features Common AreaElectric Dryer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 84600 Operating Expense 7800 Property Sub Type Multi Family Special Listing Conditions Standard Utilities Electricity Available Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-30T23:31:44.09. 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
Listing Agent(s): Diana Serrano of Re/Max Time Realty (909-373-0880)